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 1.05%
• Shiyan Taixiang Industry's payout ratio for the trailing twelve months (TTM) is 90.49%
Shiyan Taixiang Industry Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-31 | ¥0.20 | annually | 2024-05-31 |
2023-05-29 | ¥0.20 | annually | 2023-05-29 |
Shiyan Taixiang Industry Dividend per year
Shiyan Taixiang Industry Dividend Yield
Shiyan Taixiang Industry current trailing twelve-month (TTM) dividend yield is 1.05%. Interested in purchasing Shiyan Taixiang Industry stock? Use our calculator to estimate your expected dividend yield:
Shiyan Taixiang Industry Financial Ratios
Shiyan Taixiang Industry Dividend FAQ
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.
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