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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2018-05-25 | ¥0.01 | annually | 2018-05-25 |
2016-04-20 | ¥0.02 | annually | |
2014-05-29 | ¥0.01 | annually | |
2013-05-09 | ¥0.06 | annually | |
2001-05-30 | ¥0.12 | annually |
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
Zotye Automobile Dividend FAQ
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.
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