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Xiangyang Automobile Bearing Co., Ltd. researches, develops, manufactures, and sells automobile bearings in China. The company offers ball, TRB, NRB, CRB, CHB, CVJ, CJ, and other bearings. It also provides various bearing products in the areas of machinery, agricultural machinery, household appliances, wind power, etc. The company's products are used in heavy-duty, medium-duty, light-duty, and mini-duty trucks, as well as cars. It also exports its products to Europe, the United States, Southeast Asia, and other countries and regions. The company was founded in 1968 and is based in Xiangyang, China.

Xiangyang Automobile Bearing Dividend Announcement

• Xiangyang Automobile Bearing does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Xiangyang Automobile Bearing dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Xiangyang Automobile Bearing Dividend History

Xiangyang Automobile Bearing Dividend Yield

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

Xiangyang Automobile Bearing Financial Ratios

P/E ratio-114.02
PEG ratio1.77
P/B ratio4.00
ROE-3.49%
Payout ratio-102.22%
Current ratio0.75
Quick ratio0.47
Cash Ratio0.14

Xiangyang Automobile Bearing Dividend FAQ

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