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Xiamen Zhongchuang Environmental Technology Co., Ltd. engages in the research, development, production, sale, and service of high temperature dust and bag filters in China and internationally. The company offers flue gas island, hazardous waste, solid waste disposals, sanitation integration, indoor air purification, and water treatment services. The company was formerly known as Xiamen Savings Environmental Co., Ltd and changed its name to Xiamen Zhongchuang Environmental Technology Co., Ltd. in February 2020. Xiamen Zhongchuang Environmental Technology Co., Ltd. was founded in 2001 and is headquartered in Xiamen, China.

Xiamen Zhongchuang Environmental Technology Dividend Announcement

Xiamen Zhongchuang Environmental Technology announced a annually dividend of ¥0.06 per ordinary share which will be made payable on . Ex dividend date: 2016-05-17
Xiamen Zhongchuang Environmental Technology 's trailing twelve-month (TTM) dividend yield is -%
Xiamen Zhongchuang Environmental Technology 's payout ratio for the trailing twelve months (TTM) is -15.19%

Xiamen Zhongchuang Environmental Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-05-17¥0.06annually
2015-05-13¥0.10annually
2014-05-30¥0.20annually
2013-07-11¥0.04annually
2012-05-03¥0.18annually
2011-06-10¥0.40annually

Xiamen Zhongchuang Environmental Technology Dividend per year

Xiamen Zhongchuang Environmental Technology Dividend growth

Xiamen Zhongchuang Environmental Technology Dividend Yield

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

Xiamen Zhongchuang Environmental Technology Financial Ratios

P/E ratio-57.69
PEG ratio-0.85
P/B ratio19.65
ROE-33.45%
Payout ratio-15.19%
Current ratio0.82
Quick ratio0.55
Cash Ratio0.05

Xiamen Zhongchuang Environmental Technology Dividend FAQ

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