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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 0.79%
• YOUNGY's payout ratio for the trailing twelve months (TTM) is 136.92%

YOUNGY Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-21¥0.30annually2024-06-21
2023-06-16¥0.98annually2023-06-16
2019-04-24¥0.29annually
2011-06-27¥0.05annually
2008-05-23¥0.20annually

YOUNGY Dividend per year

YOUNGY Dividend Yield

YOUNGY current trailing twelve-month (TTM) dividend yield is 0.79%. Interested in purchasing YOUNGY stock? Use our calculator to estimate your expected dividend yield:

YOUNGY Financial Ratios

P/E ratio40.30
PEG ratio0.88
P/B ratio2.97
ROE7.52%
Payout ratio136.92%
Current ratio2.90
Quick ratio2.76
Cash Ratio0.62

YOUNGY Dividend FAQ

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