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Lubair Aviation Technology Co., Ltd. engages in the distribution of aviation materials worldwide. The company distributes aerospace materials, such as civil aviation fuel, aviation raw materials, aviation chemicals, and other professional aviation materials. It offers its products under the brands LuHope, SANI MER, Dr.C.C., and AeroComm, as well as third party brands, such as Exxon Mobil, 3M, EC, Lufthansa Technology, Huntsman, LANXESS, Bosch, and others. The company serves aircraft maintenance companies, aircraft manufacturers, and OEM manufacturers. The company was founded in 2005 and is headquartered in Shenzhen, China.

Zhejiang XiaSha Precision Dividend Announcement

Zhejiang XiaSha Precision announced a annually dividend of ¥0.65 per ordinary share which will be made payable on 2024-07-08. Ex dividend date: 2024-07-08
Zhejiang XiaSha Precision annual dividend for 2024 was ¥0.65
Zhejiang XiaSha Precision annual dividend for 2023 was ¥0.62
Zhejiang XiaSha Precision's trailing twelve-month (TTM) dividend yield is 2.09%
Zhejiang XiaSha Precision's payout ratio for the trailing twelve months (TTM) is 58.15%

Zhejiang XiaSha Precision Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-08¥0.65annually2024-07-08
2023-07-07¥0.62annually2023-07-07

Zhejiang XiaSha Precision Dividend per year

Zhejiang XiaSha Precision Dividend Yield

Zhejiang XiaSha Precision current trailing twelve-month (TTM) dividend yield is 2.09%. Interested in purchasing Zhejiang XiaSha Precision stock? Use our calculator to estimate your expected dividend yield:

Zhejiang XiaSha Precision Financial Ratios

P/E ratio29.87
PEG ratio-2.93
P/B ratio2.17
ROE7.38%
Payout ratio58.15%
Current ratio7.90
Quick ratio5.65
Cash Ratio3.25

Zhejiang XiaSha Precision Dividend FAQ

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