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Xi'an Typical Industries Co.,Ltd engages in the research and development, production, and sale of industrial sewing machines in China. The company offers single-needle and double-needle high-speed lockstitch sewing machines; flat-lock high-speed sewing machines; high-speed overstitching machines; special sewing machines; automatic sewing units; high-speed chain stitch interlock sewing machines; high speed overlock sewing machines; and heavy-duty sewing machines under the Typical brand. Its products are used in manufacturing knitting, clothing, suitcases, and boxes. The company also exports its products to the Asia-Pacific, Europe-Africa, American, and the Middle-East continents. The company was founded in 1999 and is based in Xi'an, China.

Xi'an Typical Industries Dividend Announcement

Xi'an Typical Industries announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2021-06-16. Ex dividend date: 2021-06-16
Xi'an Typical Industries's trailing twelve-month (TTM) dividend yield is -%
Xi'an Typical Industries's payout ratio for the trailing twelve months (TTM) is -0.70%

Xi'an Typical Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-06-16¥0.05annually2021-06-16
2012-06-26¥0.05annually
2007-06-22¥0.10annually
2006-07-11¥0.10annually
2005-05-18¥0.08annually
2004-04-12¥0.15annually
2003-06-18¥0.11annually
2002-08-12¥0.02annually
2001-06-22¥0.20annually

Xi'an Typical Industries Dividend per year

Xi'an Typical Industries Dividend growth

Xi'an Typical Industries Dividend Yield

Xi'an Typical Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Xi'an Typical Industries stock? Use our calculator to estimate your expected dividend yield:

Xi'an Typical Industries Financial Ratios

P/E ratio-10.66
PEG ratio0.77
P/B ratio2.43
ROE-22.08%
Payout ratio-0.70%
Current ratio2.42
Quick ratio1.69
Cash Ratio0.21

Xi'an Typical Industries Dividend FAQ

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