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Zhejiang Great Southeast Corp.Ltd engages in the plastic packing business in China. Its principal products include multi-functional casting polypropylene, PET, BOPP, and PE plastic films that are used in food packaging; and lithium battery films, capacitor films, and thermal transfer films, as well as chemical and medical packaging products. The company also produces series military material films, gardening films, etc.; and EVA solar photovoltaic battery encapsulation films, as well as researches and develops platform for the 3D game engine for development of various online games. In addition, it develops military VCI anti-rust films, lithium ion battery membranes, optical films, light conversion films, BOPP synthetic papers, new electronic insulation materials with high temperature resistant, etc. Zhejiang Great Southeast Corp.Ltd was founded in 1975 and is headquartered in Zhuji, China.

Zhejiang Great Southeast Dividend Announcement

• Zhejiang Great Southeast announced a annually dividend of ¥0.06 per ordinary share which will be made payable on . Ex dividend date: 2016-06-20
• Zhejiang Great Southeast's trailing twelve-month (TTM) dividend yield is -%
• Zhejiang Great Southeast's payout ratio for the trailing twelve months (TTM) is 117.63%

Zhejiang Great Southeast Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-06-20¥0.06annually
2012-05-31¥0.10annually
2011-04-20¥0.10annually
2010-03-08¥0.10annually

Zhejiang Great Southeast Dividend per year

Zhejiang Great Southeast Dividend growth

Zhejiang Great Southeast Dividend Yield

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

Zhejiang Great Southeast Financial Ratios

P/E ratio1120.92
PEG ratio36.61
P/B ratio1.85
ROE0.16%
Payout ratio117.63%
Current ratio12.61
Quick ratio10.45
Cash Ratio7.95

Zhejiang Great Southeast Dividend FAQ

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