Zhejiang Runyang New Material Technology Co., Ltd. engages in the research and development, production, and sale of polyolefin foam materials in China and internationally. It offers electron irradiation cross-linked polyethylene (IXPE), including antibacterial enhanced series, popular series, and special series. The company's IXPE products are used as high-performance basic materials; and other products are used in home building decoration, car interior, baby products, sports and leisure, consumer electronics, household appliances, medical equipment, and other industries. Zhejiang Runyang New Material Technology Co., Ltd. was founded in 2012 and is based in Hangzhou, China.
Zhejiang Runyang New Material Technology Dividend Announcement
• Zhejiang Runyang New Material Technology announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30
• Zhejiang Runyang New Material Technology annual dividend for 2024 was ¥0.20
• Zhejiang Runyang New Material Technology's trailing twelve-month (TTM) dividend yield is 1.06%
• Zhejiang Runyang New Material Technology's payout ratio for the trailing twelve months (TTM) is 53.33%
Zhejiang Runyang New Material Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-30 | ¥0.20 | annually | 2024-05-30 |
2022-05-31 | ¥0.80 | annually | 2022-05-31 |
2021-05-25 | ¥0.40 | annually | 2021-05-25 |
Zhejiang Runyang New Material Technology Dividend per year
Zhejiang Runyang New Material Technology Dividend Yield
Zhejiang Runyang New Material Technology current trailing twelve-month (TTM) dividend yield is 1.06%. Interested in purchasing Zhejiang Runyang New Material Technology stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Runyang New Material Technology Financial Ratios
Zhejiang Runyang New Material Technology Dividend FAQ
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.
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