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Shiyue Daotian Group Co., Ltd., together with its subsidiaries, manufactures and sells pantry staple food in the People's Republic of China. The company operates through three segments: Rice Products; Whole Grain, Bean and Other Products; and Dried Food and Other Products. It offers pre-packaged rice products; pre-packaged mixed brown rice, millet, red bean, seed, corn, and sesame products; and pre-packaged wood ear mushrooms, snow fungus mushrooms, and lotus seeds, as well as by-products, such as bran, husk, and fractioned rice primarily under the Shiyue Daotian, Firewood Courtyard, and Sunshine Family brands. The company was formerly known as Shiyue Daotian Agricultural Technology Co., Ltd. The company was incorporated in 2018 and is headquartered in Beijing, the People's Republic of China.

Shiyue Daotian Dividend Announcement

• Shiyue Daotian announced a annually dividend of HK$0.03 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-06-12
• Shiyue Daotian annual dividend for 2024 was HK$0.03
• Shiyue Daotian's trailing twelve-month (TTM) dividend yield is 0.52%

Shiyue Daotian Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-12HK$0.03annually2024-07-19

Shiyue Daotian Dividend per year

Shiyue Daotian Dividend Yield

Shiyue Daotian current trailing twelve-month (TTM) dividend yield is 0.52%. Interested in purchasing Shiyue Daotian stock? Use our calculator to estimate your expected dividend yield:

Shiyue Daotian Financial Ratios

P/E ratio57.85
PEG ratio0.60
P/B ratio2.09
ROE3.62%
Payout ratio0.00%
Current ratio3.32
Quick ratio1.90
Cash Ratio0.75

Shiyue Daotian Dividend FAQ

Does Shiyue Daotian stock pay dividends?
Shiyue Daotian does not currently pay dividends to its shareholders.
Has Shiyue Daotian ever paid a dividend?
No, Shiyue Daotian has no a history of paying dividends to its shareholders. Shiyue Daotian is not known for its dividend payments.
Why doesn't Shiyue Daotian pay dividends?
There are several potential reasons why Shiyue Daotian 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 Shiyue Daotian 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 Shiyue Daotian 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 Shiyue Daotian a dividend aristocrat?
Shiyue Daotian 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 Shiyue Daotian a dividend king?
Shiyue Daotian 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 Shiyue Daotian a dividend stock?
No, Shiyue Daotian 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 Shiyue Daotian stocks?
To buy Shiyue Daotian 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 Shiyue Daotian 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.