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Zhejiang Sunriver Culture Co.,Ltd. engages in the animation, film and television, game, and reading businesses in china. It offers Internet animation, such as new media, cultural travel, and original animations, as well as animation copyright authorization. The company also engages in the production and sale of animated films, TV series, short films, and ads. In addition, it provides Internet promotion and Internet finance services, as well as mobile boutique games. Further, the company offers Xiangyue APP, adigital reading platform; pan-psychological reading mentality service; and animation education services, such as vocational skills training, children animation educations, and other modules. The company was formerly known as Zhejiang Wanjia Co., Ltd. and changed its name to Zhejiang Sunriver Culture Co.,Ltd. in September 2017. Zhejiang Sunriver Culture Co.,Ltd. was founded in 1992 and is based in Hangzhou, China.

Zhejiang Sunriver Culture Dividend Announcement

Zhejiang Sunriver Culture announced a annually dividend of ¥0.01 per ordinary share which will be made payable on . Ex dividend date: 2012-07-19
Zhejiang Sunriver Culture's trailing twelve-month (TTM) dividend yield is -%
Zhejiang Sunriver Culture's payout ratio for the trailing twelve months (TTM) is 10.04%

Zhejiang Sunriver Culture Dividend History

Ex-Div dateDividend amountDividend typePay date
2012-07-19¥0.01annually
2004-07-19¥0.10annually

Zhejiang Sunriver Culture Dividend per year

Zhejiang Sunriver Culture Dividend Yield

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

Zhejiang Sunriver Culture Financial Ratios

P/E ratio54.52
PEG ratio-0.75
P/B ratio2.55
ROE4.74%
Payout ratio10.04%
Current ratio0.75
Quick ratio0.56
Cash Ratio0.29

Zhejiang Sunriver Culture Dividend FAQ

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