Zhejiang Yingfeng Technology Co., Ltd. engages in the printing and dyeing of textiles in China. It offers printing and dyeing services for knitted fabrics and woven fabrics. The company is based in Shaoxing, China.
Zhejiang Yingfeng Technology Dividend Announcement
• Zhejiang Yingfeng Technology announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30
• Zhejiang Yingfeng Technology annual dividend for 2024 was ¥0.06
• Zhejiang Yingfeng Technology's trailing twelve-month (TTM) dividend yield is 1.11%
• Zhejiang Yingfeng Technology's payout ratio for the trailing twelve months (TTM) is 124.54%
Zhejiang Yingfeng Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-30 | ¥0.06 | annually | 2024-05-30 |
Zhejiang Yingfeng Technology Dividend per year
Zhejiang Yingfeng Technology Dividend Yield
Zhejiang Yingfeng Technology current trailing twelve-month (TTM) dividend yield is 1.11%. Interested in purchasing Zhejiang Yingfeng Technology stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Yingfeng Technology Financial Ratios
P/E ratio61.11
PEG ratio1.43
P/B ratio2.13
ROE3.49%
Payout ratio124.54%
Current ratio0.40
Quick ratio0.33
Cash Ratio0.22
Zhejiang Yingfeng Technology Dividend FAQ
Does Zhejiang Yingfeng Technology stock pay dividends?
Zhejiang Yingfeng Technology does not currently pay dividends to its shareholders.
Has Zhejiang Yingfeng Technology ever paid a dividend?
No, Zhejiang Yingfeng Technology has no a history of paying dividends to its shareholders. Zhejiang Yingfeng Technology is not known for its dividend payments.
Why doesn't Zhejiang Yingfeng Technology pay dividends?
There are several potential reasons why Zhejiang Yingfeng 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 Yingfeng 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 Yingfeng 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 Yingfeng Technology a dividend aristocrat?
Zhejiang Yingfeng 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 Yingfeng Technology a dividend king?
Zhejiang Yingfeng 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 Yingfeng Technology a dividend stock?
No, Zhejiang Yingfeng 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 Yingfeng Technology stocks?
To buy Zhejiang Yingfeng 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 Yingfeng 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 Yingfeng 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.