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Zhejiang Meorient Commerce Exhibition Inc. provides convention and exhibition services. The company's exhibitions include Home life series of exhibitions, which covers furniture, household appliances and consumer electronics, household textiles, fabrics and clothing, household products and decoration materials, household lighting and lighting, household food and materials, etc.; the Machinex series of exhibitions are mainly for industrial machinery industries that covers plastic machinery, printing and packaging, food processing, hardware and auto parts, electric power and new energy, welding and cutting, elevators and parts, etc.; and TradeChina Digital Exhibition. It organizes exhibitions in 13 countries, including Turkey, Poland, Egypt, South Africa, Nigeria, Kenya, Jordan, Mexico, Brazil, Kazakhstan, India, the United Arab Emirates, and Indonesia. The company was incorporated in 2010 and is based in Hangzhou, China.

Zhejiang Meorient Commerce Exhibition Dividend Announcement

Zhejiang Meorient Commerce Exhibition announced a semi annually dividend of ¥0.30 per ordinary share which will be made payable on 2024-09-03. Ex dividend date: 2024-09-03
Zhejiang Meorient Commerce Exhibition annual dividend for 2024 was ¥0.63
Zhejiang Meorient Commerce Exhibition's trailing twelve-month (TTM) dividend yield is 3.1%
Zhejiang Meorient Commerce Exhibition's payout ratio for the trailing twelve months (TTM) is 43.80%

Zhejiang Meorient Commerce Exhibition Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-03¥0.30semi annually2024-09-03
2024-04-29¥0.33semi annually2024-04-29
2020-04-22¥1.50semi annually2020-04-22

Zhejiang Meorient Commerce Exhibition Dividend per year

Zhejiang Meorient Commerce Exhibition Dividend Yield

Zhejiang Meorient Commerce Exhibition current trailing twelve-month (TTM) dividend yield is 3.1%. Interested in purchasing Zhejiang Meorient Commerce Exhibition stock? Use our calculator to estimate your expected dividend yield:

Zhejiang Meorient Commerce Exhibition Financial Ratios

P/E ratio26.30
PEG ratio0.53
P/B ratio8.63
ROE28.25%
Payout ratio43.80%
Current ratio2.68
Quick ratio2.55
Cash Ratio2.27

Zhejiang Meorient Commerce Exhibition Dividend FAQ

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