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Yangzhou Seashine New Materials Co.,Ltd. engages in the design, production, and marketing of various powder metallurgy structural parts in China. The company offers gears, bearings, structural parts, gearboxes, sprockets, rotors, eccentric cams, swing arms, and other powder metallurgy parts. Its products are applied in electric tools, automobiles, household appliances, office applications, and other related fields. The company also exports its products to the United States, Germany, the Czech Republic, Hungary, Brazil, Mexico, India, Japan, the Philippines, Malaysia, and rest of Asia. Yangzhou Seashine New Materials Co.,Ltd. was founded in 2001 and is based in Yangzhou, China.

Yangzhou Seashine New Materials Dividend Announcement

• Yangzhou Seashine New Materials announced a annually dividend of ¥0.08 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-07
• Yangzhou Seashine New Materials annual dividend for 2024 was ¥0.08
• Yangzhou Seashine New Materials's trailing twelve-month (TTM) dividend yield is 0.72%
• Yangzhou Seashine New Materials's payout ratio for the trailing twelve months (TTM) is 31.41%

Yangzhou Seashine New Materials Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-07¥0.08annually2024-06-07
2021-06-09¥0.75annually2021-06-09

Yangzhou Seashine New Materials Dividend per year

Yangzhou Seashine New Materials Dividend Yield

Yangzhou Seashine New Materials current trailing twelve-month (TTM) dividend yield is 0.72%. Interested in purchasing Yangzhou Seashine New Materials stock? Use our calculator to estimate your expected dividend yield:

Yangzhou Seashine New Materials Financial Ratios

P/E ratio43.55
PEG ratio0.53
P/B ratio3.29
ROE7.60%
Payout ratio31.41%
Current ratio12.88
Quick ratio12.17
Cash Ratio6.93

Yangzhou Seashine New Materials Dividend FAQ

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