Add New Energy Investment Holdings Group Limited, an investment holding company, engages in the exploration, mining, and processing of iron and ilmenite ores in the People's Republic of China. It primarily produces and sells iron and titanium concentrates to iron pellets and steel producers. The company's mines include Yangzhuang Iron Mine, Zhuge Shangyu Ilmenite Mine, Luxing Titanium, and Qinjiazhuang Ilmenite Mine. It is also involved in the trading of coarse iron powder, spodumene, semi-coke, and blended coal; and wind power generation. The company was formerly known as China Zhongsheng Resources Holdings Limited and changed its name to Add New Energy Investment Holdings Group Limited in July 2016. Add New Energy Investment Holdings Group Limited was incorporated in 2011 and is headquartered in Yishui, the People's Republic of China.
Add New Energy Investment Dividend Announcement
• Add New Energy Investment announced a annually dividend of HK$0.00 per ordinary share which will be made payable on 2013-06-14. Ex dividend date: 2013-05-22
• Add New Energy Investment's trailing twelve-month (TTM) dividend yield is -%
Add New Energy Investment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2013-05-22 | HK$0.00 | annually | 2013-06-14 |
Add New Energy Investment Dividend per year
Add New Energy Investment Dividend Yield
Add New Energy Investment current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Add New Energy Investment stock? Use our calculator to estimate your expected dividend yield:
Add New Energy Investment Financial Ratios
Add New Energy Investment 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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