Zhongnongfa Seed Industry Group Co., Ltd. engages in the seed and agrochemical businesses in China. It offers wheat, rice, corn, cotton, rape, sesame, and sugar cane seeds; pesticides and fertilizers; and agricultural services. The company was founded in 1999 and is based in Beijing, China.
Zhongnongfa Seed Industry Dividend Announcement
• Zhongnongfa Seed Industry announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2017-07-20. Ex dividend date: 2017-07-20
• Zhongnongfa Seed Industry's trailing twelve-month (TTM) dividend yield is -%
• Zhongnongfa Seed Industry's payout ratio for the trailing twelve months (TTM) is 30.57%
Zhongnongfa Seed Industry Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2017-07-20 | ¥0.03 | annually | 2017-07-20 |
| 2016-06-16 | ¥0.06 | annually | |
| 2015-06-04 | ¥0.10 | annually | |
| 2002-06-20 | ¥0.01 | annually |
Zhongnongfa Seed Industry Dividend per year
Zhongnongfa Seed Industry Dividend growth
Zhongnongfa Seed Industry Dividend Yield
Zhongnongfa Seed Industry current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Zhongnongfa Seed Industry stock? Use our calculator to estimate your expected dividend yield:
Zhongnongfa Seed Industry Financial Ratios
P/E ratio96.29
PEG ratio0.61
P/B ratio4.12
ROE4.31%
Payout ratio30.57%
Current ratio2.12
Quick ratio1.58
Cash Ratio0.59
Zhongnongfa Seed Industry Dividend FAQ
Does Zhongnongfa Seed Industry stock pay dividends?
Zhongnongfa Seed Industry does not currently pay dividends to its shareholders.
Has Zhongnongfa Seed Industry ever paid a dividend?
No, Zhongnongfa Seed Industry has no a history of paying dividends to its shareholders. Zhongnongfa Seed Industry is not known for its dividend payments.
Why doesn't Zhongnongfa Seed Industry pay dividends?
There are several potential reasons why Zhongnongfa Seed Industry 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 Zhongnongfa Seed Industry 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 Zhongnongfa Seed Industry 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 Zhongnongfa Seed Industry a dividend aristocrat?
Zhongnongfa Seed Industry 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 Zhongnongfa Seed Industry a dividend king?
Zhongnongfa Seed Industry 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 Zhongnongfa Seed Industry a dividend stock?
No, Zhongnongfa Seed Industry 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 Zhongnongfa Seed Industry stocks?
To buy Zhongnongfa Seed Industry 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 Zhongnongfa Seed Industry 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 Zhongnongfa Seed Industry 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.