Zhejiang Yiming Food Co., Ltd. engages in agricultural dairy industrialization. Its business includes dairy processing equipment, dairy farming, establishment of dairy stations, and design of the production line. The company was founded on September 13, 2005 and is headquartered in Wenzhou, China.
Zhejiang Yiming Food Dividend Announcement
• Zhejiang Yiming Food announced a semi annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-11-05. Ex dividend date: 2024-11-05
• Zhejiang Yiming Food annual dividend for 2024 was ¥0.08
• Zhejiang Yiming Food's trailing twelve-month (TTM) dividend yield is 0.31%
• Zhejiang Yiming Food's payout ratio for the trailing twelve months (TTM) is 127.85%
Zhejiang Yiming Food Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-05 | ¥0.04 | semi annually | 2024-11-05 |
| 2024-06-07 | ¥0.04 | semi annually | 2024-06-07 |
| 2022-06-14 | ¥0.02 | semi annually | 2022-06-14 |
| 2021-06-10 | ¥0.23 | semi annually | 2021-06-10 |
Zhejiang Yiming Food Dividend per year
Zhejiang Yiming Food Dividend Yield
Zhejiang Yiming Food current trailing twelve-month (TTM) dividend yield is 0.31%. Interested in purchasing Zhejiang Yiming Food stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Yiming Food Financial Ratios
P/E ratio487.98
PEG ratio124.22
P/B ratio10.34
ROE2.14%
Payout ratio127.85%
Current ratio0.54
Quick ratio0.45
Cash Ratio0.26
Zhejiang Yiming Food Dividend FAQ
Does Zhejiang Yiming Food stock pay dividends?
Zhejiang Yiming Food does not currently pay dividends to its shareholders.
Has Zhejiang Yiming Food ever paid a dividend?
No, Zhejiang Yiming Food has no a history of paying dividends to its shareholders. Zhejiang Yiming Food is not known for its dividend payments.
Why doesn't Zhejiang Yiming Food pay dividends?
There are several potential reasons why Zhejiang Yiming Food 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 Yiming Food 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 Yiming Food 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 Yiming Food a dividend aristocrat?
Zhejiang Yiming Food 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 Yiming Food a dividend king?
Zhejiang Yiming Food 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 Yiming Food a dividend stock?
No, Zhejiang Yiming Food 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 Yiming Food stocks?
To buy Zhejiang Yiming Food 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 Yiming Food 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 Yiming Food 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.