Zhejiang Busen Garments Co., Ltd., together with its subsidiaries, produces clothing apparel products in China and internationally. It designs, produces, and sells menswear brand and casual men's clothing through online and offline distribution, and direct and franchise sales. The company also engages in the commercial circulation, real estate, financial investment, and other businesses. Zhejiang Busen Garments Co., Ltd. was founded in 1985 and is headquartered in Zhuji, China.
Zhejiang Busen Garments Dividend Announcement
• Zhejiang Busen Garments announced a annually dividend of ¥0.08 per ordinary share which will be made payable on . Ex dividend date: 2013-05-22
• Zhejiang Busen Garments's trailing twelve-month (TTM) dividend yield is -%
Zhejiang Busen Garments Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2013-05-22 | ¥0.08 | annually | |
| 2012-06-06 | ¥0.08 | annually | |
| 2011-09-20 | ¥0.31 | annually |
Zhejiang Busen Garments Dividend per year
Zhejiang Busen Garments Dividend growth
Zhejiang Busen Garments Dividend Yield
Zhejiang Busen Garments current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Zhejiang Busen Garments stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Busen Garments Financial Ratios
P/E ratio-29.42
PEG ratio0.80
P/B ratio17.87
ROE-56.38%
Payout ratio0.00%
Current ratio1.17
Quick ratio0.80
Cash Ratio0.09
Zhejiang Busen Garments Dividend FAQ
Does Zhejiang Busen Garments stock pay dividends?
Zhejiang Busen Garments does not currently pay dividends to its shareholders.
Has Zhejiang Busen Garments ever paid a dividend?
No, Zhejiang Busen Garments has no a history of paying dividends to its shareholders. Zhejiang Busen Garments is not known for its dividend payments.
Why doesn't Zhejiang Busen Garments pay dividends?
There are several potential reasons why Zhejiang Busen Garments 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 Zhejiang Busen Garments 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 Zhejiang Busen Garments 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 Zhejiang Busen Garments a dividend aristocrat?
Zhejiang Busen Garments 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 Zhejiang Busen Garments a dividend king?
Zhejiang Busen Garments 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 Zhejiang Busen Garments a dividend stock?
No, Zhejiang Busen Garments 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 Zhejiang Busen Garments stocks?
To buy Zhejiang Busen Garments 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 Zhejiang Busen Garments 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 Zhejiang Busen Garments 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.