Xiangyang Changyuandonggu Industry Co., Ltd. engages in the research and development, manufacture, and sale of diesel engine components. It primarily offers cylinder blocks and heads, flywheel housings, connecting rods, main bearing caps, gear chambers, gearbox housings, exhaust pipes, gear room products, etc. The company was founded in 2001 and is based in Xiangyang, China.
Xiangyang Changyuandonggu Industry Dividend Announcement
• Xiangyang Changyuandonggu Industry announced a annually dividend of ¥0.43 per ordinary share which will be made payable on 2022-04-27. Ex dividend date: 2022-04-27
• Xiangyang Changyuandonggu Industry's trailing twelve-month (TTM) dividend yield is -%
• Xiangyang Changyuandonggu Industry's payout ratio for the trailing twelve months (TTM) is 12.59%
Xiangyang Changyuandonggu Industry Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2022-04-27 | ¥0.43 | annually | 2022-04-27 |
| 2020-09-08 | ¥1.20 | annually | 2020-09-08 |
Xiangyang Changyuandonggu Industry Dividend per year
Xiangyang Changyuandonggu Industry Dividend Yield
Xiangyang Changyuandonggu Industry current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Xiangyang Changyuandonggu Industry stock? Use our calculator to estimate your expected dividend yield:
Xiangyang Changyuandonggu Industry Financial Ratios
P/E ratio30.20
PEG ratio-4.54
P/B ratio2.02
ROE6.88%
Payout ratio12.59%
Current ratio1.61
Quick ratio1.23
Cash Ratio0.39
Xiangyang Changyuandonggu Industry Dividend FAQ
Does Xiangyang Changyuandonggu Industry stock pay dividends?
Xiangyang Changyuandonggu Industry does not currently pay dividends to its shareholders.
Has Xiangyang Changyuandonggu Industry ever paid a dividend?
No, Xiangyang Changyuandonggu Industry has no a history of paying dividends to its shareholders. Xiangyang Changyuandonggu Industry is not known for its dividend payments.
Why doesn't Xiangyang Changyuandonggu Industry pay dividends?
There are several potential reasons why Xiangyang Changyuandonggu Industry 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 Xiangyang Changyuandonggu Industry 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 Changyuandonggu Industry 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 Changyuandonggu Industry a dividend aristocrat?
Xiangyang Changyuandonggu Industry 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 Changyuandonggu Industry a dividend king?
Xiangyang Changyuandonggu Industry 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 Changyuandonggu Industry a dividend stock?
No, Xiangyang Changyuandonggu Industry 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 Changyuandonggu Industry stocks?
To buy Xiangyang Changyuandonggu Industry 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 Changyuandonggu Industry 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 Xiangyang Changyuandonggu Industry 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.