company-logo

Sinocat Environmental Technology Co.,Ltd. engages in the research, development, production, and sale of engine post-emission treatment catalysts for vehicles. Its products include automobile catalysts comprising catalyst converters for gasoline engines, diesel vehicle SCR systems, DOC+CDPF systems for diesel vehicles, and DOC+CDPF+SCR+ASC systems, as well as catalysts for gasoline and diesel engine vehicles, and CNG/LNG/LPG and motorcycles; catalyst (unit) for automobile exhaust reforms, such as post-treatment systems of diesel vehicle exhaust gas, natural gas bus SCR exhaust aftertreatment systems, catalytic converters for gasoline vehicles, remote online monitoring platform, and Bi Lan APP; industrial VOCs purification catalysts; catalysts for ship exhaust treatments; and hydrogen fuel cell products, including electro-catalysts, membrane electrodes, and test systems. The company also provides related consulting services. It serves automobile industry through a marketing network in China. The company was founded in 2005 and is based in Chengdu, China.

Sinocat Environmental Technology Dividend Announcement

Sinocat Environmental Technology announced a annually dividend of ¥0.30 per ordinary share which will be made payable on 2022-07-28. Ex dividend date: 2022-07-28
Sinocat Environmental Technology's trailing twelve-month (TTM) dividend yield is -%
Sinocat Environmental Technology's payout ratio for the trailing twelve months (TTM) is -104.95%

Sinocat Environmental Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-07-28¥0.30annually2022-07-28

Sinocat Environmental Technology Dividend per year

Sinocat Environmental Technology Dividend Yield

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

Sinocat Environmental Technology Financial Ratios

P/E ratio-391.56
PEG ratio7.08
P/B ratio0.98
ROE-0.25%
Payout ratio-104.95%
Current ratio2.25
Quick ratio1.74
Cash Ratio0.07

Sinocat Environmental Technology Dividend FAQ

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