Thinker Agricultural Machinery Co., Ltd. engages in the research and development, manufacture, sale, and service of agricultural machinery in China. The company's products include grain harvesting, grain crop harvesting, food processing, farmland machinery, power, and forage harvesting machinery. Thinker Agricultural Machinery Co., Ltd. was founded in 2004 and is based in Huzhou, China.
Thinkerricultural Machinery Dividend Announcement
• Thinkerricultural Machinery announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2017-06-27. Ex dividend date: 2017-06-27
• Thinkerricultural Machinery's trailing twelve-month (TTM) dividend yield is -%
• Thinkerricultural Machinery's payout ratio for the trailing twelve months (TTM) is -11.68%
Thinkerricultural Machinery Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2017-06-27 | ¥0.05 | annually | 2017-06-27 |
| 2015-10-08 | ¥0.31 | annually |
Thinkerricultural Machinery Dividend per year
Thinkerricultural Machinery Dividend Yield
Thinkerricultural Machinery current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Thinkerricultural Machinery stock? Use our calculator to estimate your expected dividend yield:
Thinkerricultural Machinery Financial Ratios
P/E ratio-19.52
PEG ratio2.70
P/B ratio6.56
ROE-30.14%
Payout ratio-11.68%
Current ratio0.90
Quick ratio0.59
Cash Ratio0.11
Thinkerricultural Machinery Dividend FAQ
Does Thinkerricultural Machinery stock pay dividends?
Thinkerricultural Machinery does not currently pay dividends to its shareholders.
Has Thinkerricultural Machinery ever paid a dividend?
No, Thinkerricultural Machinery has no a history of paying dividends to its shareholders. Thinkerricultural Machinery is not known for its dividend payments.
Why doesn't Thinkerricultural Machinery pay dividends?
There are several potential reasons why Thinkerricultural Machinery 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.
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 Thinkerricultural Machinery 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 Thinkerricultural Machinery 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 Thinkerricultural Machinery a dividend aristocrat?
Thinkerricultural Machinery 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 Thinkerricultural Machinery a dividend king?
Thinkerricultural Machinery 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 Thinkerricultural Machinery a dividend stock?
No, Thinkerricultural Machinery 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 Thinkerricultural Machinery stocks?
To buy Thinkerricultural Machinery 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 Thinkerricultural Machinery 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.
Place an order: Use the brokerage's trading platform to place an order to buy Thinkerricultural Machinery 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.