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Wenzhou Yuanfei Pet Toys Products CO.,LTD engages in the research, design, production, and sale of pet supplies in China. It offers pet snacks, dog chews, collars and leashes, toys, and accessories, as well as pet treats, traction appliances, and injection toys. The company also exports its products. Wenzhou Yuanfei Pet Toys Products CO.,LTD was founded in 2004 and is based in Wenzhou, China.

Wenzhou Yuanfei pet toy products Dividend Announcement

Wenzhou Yuanfei pet toy products announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-19. Ex dividend date: 2024-06-19
Wenzhou Yuanfei pet toy products annual dividend for 2024 was ¥0.20
Wenzhou Yuanfei pet toy products annual dividend for 2023 was ¥0.56
Wenzhou Yuanfei pet toy products's trailing twelve-month (TTM) dividend yield is 1.61%
Wenzhou Yuanfei pet toy products's payout ratio for the trailing twelve months (TTM) is 69.14%

Wenzhou Yuanfei pet toy products Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-19¥0.20annually2024-06-19
2023-06-27¥0.56annually2023-06-27

Wenzhou Yuanfei pet toy products Dividend per year

Wenzhou Yuanfei pet toy products Dividend Yield

Wenzhou Yuanfei pet toy products current trailing twelve-month (TTM) dividend yield is 1.61%. Interested in purchasing Wenzhou Yuanfei pet toy products stock? Use our calculator to estimate your expected dividend yield:

Wenzhou Yuanfei pet toy products Financial Ratios

P/E ratio17.47
PEG ratio0.80
P/B ratio1.90
ROE10.96%
Payout ratio69.14%
Current ratio5.59
Quick ratio4.34
Cash Ratio2.95

Wenzhou Yuanfei pet toy products Dividend FAQ

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