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Shiyan Taixiang Industry Co.,Ltd engages in the research, development, production, and sale of auto parts and accessories in China. The company offers main bearing caps for automobile engines. Shiyan Taixiang Industry Co.,Ltd was founded in 1997 and is based in Shiyan, China.

Shiyan Taixiang Industry Dividend Announcement

Shiyan Taixiang Industry announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-05-31. Ex dividend date: 2024-05-31
Shiyan Taixiang Industry annual dividend for 2024 was ¥0.20
Shiyan Taixiang Industry annual dividend for 2023 was ¥0.20
Shiyan Taixiang Industry's trailing twelve-month (TTM) dividend yield is 1.11%
Shiyan Taixiang Industry's payout ratio for the trailing twelve months (TTM) is 88.10%

Shiyan Taixiang Industry Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-31¥0.20annually2024-05-31
2023-05-29¥0.20annually2023-05-29

Shiyan Taixiang Industry Dividend per year

Shiyan Taixiang Industry Dividend Yield

Shiyan Taixiang Industry current trailing twelve-month (TTM) dividend yield is 1.11%. Interested in purchasing Shiyan Taixiang Industry stock? Use our calculator to estimate your expected dividend yield:

Shiyan Taixiang Industry Financial Ratios

P/E ratio37.00
PEG ratio0.92
P/B ratio3.01
ROE8.35%
Payout ratio88.10%
Current ratio3.49
Quick ratio3.12
Cash Ratio0.48

Shiyan Taixiang Industry Dividend FAQ

Does Shiyan Taixiang Industry stock pay dividends?
Shiyan Taixiang Industry does not currently pay dividends to its shareholders.
Has Shiyan Taixiang Industry ever paid a dividend?
No, Shiyan Taixiang Industry has no a history of paying dividends to its shareholders. Shiyan Taixiang Industry is not known for its dividend payments.
Why doesn't Shiyan Taixiang Industry pay dividends?
There are several potential reasons why Shiyan Taixiang Industry would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Shiyan Taixiang Industry ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Shiyan Taixiang Industry has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Shiyan Taixiang Industry a dividend aristocrat?
Shiyan Taixiang Industry is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Shiyan Taixiang Industry a dividend king?
Shiyan Taixiang Industry is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Shiyan Taixiang Industry a dividend stock?
No, Shiyan Taixiang Industry is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Shiyan Taixiang Industry stocks?
To buy Shiyan Taixiang Industry you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Shiyan Taixiang Industry stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.