ZheJiang Yayi Metal Technology Co.,Ltd engages in the research and development, production, processing, and sale of outdoor braziers and gas stoves. The company was founded in 2005 and is based in Taizhou, China.
Zhejiang Yayi Metal Technology Dividend Announcement
• Zhejiang Yayi Metal Technology announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-05-23. Ex dividend date: 2024-05-23
• Zhejiang Yayi Metal Technology annual dividend for 2024 was ¥0.03
• Zhejiang Yayi Metal Technology's trailing twelve-month (TTM) dividend yield is 0.12%
• Zhejiang Yayi Metal Technology's payout ratio for the trailing twelve months (TTM) is 104.56%
Zhejiang Yayi Metal Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-23 | ¥0.03 | annually | 2024-05-23 |
| 2022-04-29 | ¥1.30 | annually | 2022-04-29 |
Zhejiang Yayi Metal Technology Dividend per year
Zhejiang Yayi Metal Technology Dividend Yield
Zhejiang Yayi Metal Technology current trailing twelve-month (TTM) dividend yield is 0.12%. Interested in purchasing Zhejiang Yayi Metal Technology stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Yayi Metal Technology Financial Ratios
P/E ratio900.99
PEG ratio-134.89
P/B ratio2.49
ROE0.28%
Payout ratio104.56%
Current ratio5.70
Quick ratio4.46
Cash Ratio1.02
Zhejiang Yayi Metal Technology Dividend FAQ
Does Zhejiang Yayi Metal Technology stock pay dividends?
Zhejiang Yayi Metal Technology does not currently pay dividends to its shareholders.
Has Zhejiang Yayi Metal Technology ever paid a dividend?
No, Zhejiang Yayi Metal Technology has no a history of paying dividends to its shareholders. Zhejiang Yayi Metal Technology is not known for its dividend payments.
Why doesn't Zhejiang Yayi Metal Technology pay dividends?
There are several potential reasons why Zhejiang Yayi Metal Technology 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.
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 Yayi Metal Technology 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 Yayi Metal Technology 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 Yayi Metal Technology a dividend aristocrat?
Zhejiang Yayi Metal Technology 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 Yayi Metal Technology a dividend king?
Zhejiang Yayi Metal Technology 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 Yayi Metal Technology a dividend stock?
No, Zhejiang Yayi Metal Technology 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 Yayi Metal Technology stocks?
To buy Zhejiang Yayi Metal Technology 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 Yayi Metal Technology 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.
Place an order: Use the brokerage's trading platform to place an order to buy Zhejiang Yayi Metal Technology 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.