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Springsnow Food Group Co., Ltd. engages in the feed production, chicken breeding, and chicks hatching businesses in China. It primarily offers frozen split chicken, chilled fresh chicken meat, and cooked chicken products. The company is also involved in the cultivation of commercial chicken, veterinary drug production, humane killing and processing of chicken, deep processing of conditioning products, and international and domestic sales and services, as well as research and development, and production of flavors. It also exports thermal-processed poultry meat and cloven-hoofed animals to Japan. The company was founded in 1992 and is based in Laiyang, China.

Springsnow Food Dividend Announcement

• Springsnow Food announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2023-06-26. Ex dividend date: 2023-06-26
• Springsnow Food annual dividend for 2023 was ¥0.15
• Springsnow Food's trailing twelve-month (TTM) dividend yield is -%
• Springsnow Food's payout ratio for the trailing twelve months (TTM) is -70.49%

Springsnow Food Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-06-26¥0.15annually2023-06-26
2022-07-12¥0.10annually2022-07-12

Springsnow Food Dividend per year

Springsnow Food Dividend Yield

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

Springsnow Food Financial Ratios

P/E ratio-33.11
PEG ratio0.94
P/B ratio1.64
ROE-5.00%
Payout ratio-70.49%
Current ratio0.91
Quick ratio0.59
Cash Ratio0.41

Springsnow Food Dividend FAQ

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