YOUNGY Co.,Ltd. provides energy saving and environmentally-friendly materials. It produces lithium concentrate, industrial and battery grade lithium carbonate, and lithium hydroxide monohydrate; lithium battery system; lithium salts; and lithium battery equipment, such as polymer battery automatic packaging, fixture forming, automatic air extractor, automatic liquid injection, automatic winding and ear welding, and automatic grouping machines. The company was formerly known as Luxiang Co., Ltd. and changed its name to YOUNGY Co.,Ltd. in August 2015. YOUNGY Co.,Ltd. was founded in 1998 and is based in Guangzhou, China.
YOUNGY Dividend Announcement
• YOUNGY announced a annually dividend of ¥0.30 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-06-21
• YOUNGY annual dividend for 2024 was ¥0.30
• YOUNGY annual dividend for 2023 was ¥0.98
• YOUNGY's trailing twelve-month (TTM) dividend yield is 0.84%
• YOUNGY's payout ratio for the trailing twelve months (TTM) is 162.93%
YOUNGY Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-21 | ¥0.30 | annually | 2024-06-21 |
2023-06-16 | ¥0.98 | annually | 2023-06-16 |
2019-04-24 | ¥0.29 | annually | |
2011-06-27 | ¥0.05 | annually | |
2008-05-23 | ¥0.20 | annually |
YOUNGY Dividend per year
YOUNGY Dividend Yield
YOUNGY current trailing twelve-month (TTM) dividend yield is 0.84%. Interested in purchasing YOUNGY stock? Use our calculator to estimate your expected dividend yield:
YOUNGY Financial Ratios
YOUNGY Dividend FAQ
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.
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