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Yunnan Lincang Xinyuan Germanium Industry Co.,LTD engages in the germanium mining, fire enrichment, wet purification, zone melting refining, deep processing, and research and development. It offers photovoltaic-grade germanium, such as solar germanium wafers and infrared-grade germanium products. It serves infrared optics, solar cells, fiber optic communications, light-emitting diodes, vertical cavity surface emitting lasers, high-power lasers, and lasers and detectors for optical communications. Yunnan Lincang Xinyuan Germanium Industry Co.,LTD is based in Kunming, China.

Yunnan Lincang Xinyuan Germanium Industry Dividend Announcement

Yunnan Lincang Xinyuan Germanium Industry announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-06-21
Yunnan Lincang Xinyuan Germanium Industry annual dividend for 2024 was ¥0.02
Yunnan Lincang Xinyuan Germanium Industry's trailing twelve-month (TTM) dividend yield is 0.09%
Yunnan Lincang Xinyuan Germanium Industry's payout ratio for the trailing twelve months (TTM) is 124.63%

Yunnan Lincang Xinyuan Germanium Industry Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-21¥0.02annually2024-06-21
2016-05-13¥0.03annually
2015-06-02¥0.03annually
2014-04-30¥0.06annually
2013-05-13¥0.10annually
2012-04-24¥0.10annually
2011-05-27¥0.15annually

Yunnan Lincang Xinyuan Germanium Industry Dividend per year

Yunnan Lincang Xinyuan Germanium Industry Dividend growth

Yunnan Lincang Xinyuan Germanium Industry Dividend Yield

Yunnan Lincang Xinyuan Germanium Industry current trailing twelve-month (TTM) dividend yield is 0.09%. Interested in purchasing Yunnan Lincang Xinyuan Germanium Industry stock? Use our calculator to estimate your expected dividend yield:

Yunnan Lincang Xinyuan Germanium Industry Financial Ratios

P/E ratio371.99
PEG ratio-19.38
P/B ratio10.73
ROE2.93%
Payout ratio124.63%
Current ratio1.72
Quick ratio0.82
Cash Ratio0.29

Yunnan Lincang Xinyuan Germanium Industry Dividend FAQ

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