Ares Asia Limited engages in the coal trading business. It primarily sells thermal coal purchased from various countries to the People's Republic of China. The company was formerly known as KTP Holdings Limited and changed its name to Ares Asia Limited in April 2012. The company was incorporated in 1993 and is headquartered in Kowloon, Hong Kong. Ares Asia Limited is a subsidiary of Reignwood International Holdings Company Limited.
Ares Asia Dividend Announcement
• Ares Asia announced a annually dividend of HK$0.29 per ordinary share which will be made payable on . Ex dividend date: 2009-09-04
• Ares Asia's trailing twelve-month (TTM) dividend yield is -%
Ares Asia Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2009-09-04 | HK$0.29 | annually |
Ares Asia Dividend per year
Ares Asia Dividend Yield
Ares Asia current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Ares Asia stock? Use our calculator to estimate your expected dividend yield:
Ares Asia Financial Ratios
P/E ratio-3.13
PEG ratio-0.34
P/B ratio0.57
ROE-17.30%
Payout ratio0.00%
Current ratio9.01
Quick ratio9.01
Cash Ratio7.23
Ares Asia Dividend FAQ
Does Ares Asia stock pay dividends?
Ares Asia does not currently pay dividends to its shareholders.
Has Ares Asia ever paid a dividend?
No, Ares Asia has no a history of paying dividends to its shareholders. Ares Asia is not known for its dividend payments.
Why doesn't Ares Asia pay dividends?
There are several potential reasons why Ares Asia 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 Ares Asia 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 Ares Asia 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 Ares Asia a dividend aristocrat?
Ares Asia 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 Ares Asia a dividend king?
Ares Asia 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 Ares Asia a dividend stock?
No, Ares Asia 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 Ares Asia stocks?
To buy Ares Asia 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 Ares Asia 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 Ares Asia 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.