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Zotye Automobile Co., Ltd engages in the research, development, manufacture, and sale of automobiles in China, Algeria, Chile, Russia, and internationally. It offers sedan, SUVs, MPVs, and new energy vehicles. The company also provides parts of new energy cars and engines; transmission products; batteries; motors; electronic control products; and spare parts. It offers its products primarily under the Zotye, Jiangnan, and Junma brands. The company was formerly known as Anhui Zotye Automobile Co., Ltd and changed its name to Zotye Automobile Co., Ltd in November 2017. The company was founded in 1998 and is based in Huangshan, China. Zotye Automobile Co., Ltd is a subsidiary of Tech-new Group Co.,Ltd.

Zotye Automobile Dividend Announcement

Zotye Automobile announced a annually dividend of ¥0.01 per ordinary share which will be made payable on 2018-05-25. Ex dividend date: 2018-05-25
Zotye Automobile 's trailing twelve-month (TTM) dividend yield is -%
Zotye Automobile 's payout ratio for the trailing twelve months (TTM) is -9.86%

Zotye Automobile Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-05-25¥0.01annually2018-05-25
2016-04-20¥0.02annually
2014-05-29¥0.01annually
2013-05-09¥0.06annually
2001-05-30¥0.12annually

Zotye Automobile Dividend per year

Zotye Automobile Dividend Yield

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

Zotye Automobile Financial Ratios

P/E ratio-16.02
PEG ratio0.19
P/B ratio11.01
ROE-60.95%
Payout ratio-9.86%
Current ratio0.96
Quick ratio0.86
Cash Ratio0.14

Zotye Automobile Dividend FAQ

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