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Solbar Ningbo Protein Technology Co., Ltd. engages in the research and development, production, and sale of soybean protein products in China and internationally. It offers functional and textured soy protein concentrates, textured soy proteins, textured fibrous vegetable proteins, isolated soy proteins, and defatted soy flours. The company provides products through its network of distributors, as well as through direct sales to multi-national customers. Solbar Ningbo Protein Technology Co., Ltd. was founded in 2003 and is based in Ningbo, China.

SOLBAR NINGBO PROTEIN TECH CO L Dividend Announcement

• SOLBAR NINGBO PROTEIN TECH CO L announced a annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-28
• SOLBAR NINGBO PROTEIN TECH CO L annual dividend for 2024 was ¥0.50
• SOLBAR NINGBO PROTEIN TECH CO L's trailing twelve-month (TTM) dividend yield is 2.96%
• SOLBAR NINGBO PROTEIN TECH CO L's payout ratio for the trailing twelve months (TTM) is 78.87%

SOLBAR NINGBO PROTEIN TECH CO L Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-28¥0.50annually2024-06-28

SOLBAR NINGBO PROTEIN TECH CO L Dividend per year

SOLBAR NINGBO PROTEIN TECH CO L Dividend Yield

SOLBAR NINGBO PROTEIN TECH CO L current trailing twelve-month (TTM) dividend yield is 2.96%. Interested in purchasing SOLBAR NINGBO PROTEIN TECH CO L stock? Use our calculator to estimate your expected dividend yield:

SOLBAR NINGBO PROTEIN TECH CO L Financial Ratios

P/E ratio26.01
PEG ratio0.13
P/B ratio1.73
ROE6.57%
Payout ratio78.87%
Current ratio7.81
Quick ratio6.58
Cash Ratio1.11

SOLBAR NINGBO PROTEIN TECH CO L Dividend FAQ

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