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Baotailong New Materials Co., Ltd. provides coal chemical, clean energy, new material, and other products in China. The company produces coal tar, coke, coarse benzene, ammonium sulfate, washing foams, graphite papers, methanol, LPG, liquid oxygen and nitrogen, hydrocarbon, asphalt harmony products, graphene oxide powder and slurry, and graphene electrothermal films, as well as needle coke and building blocks. It is also involved in power and heat supply activities. The company was formerly known as Qitaihe Baotailong Coal & Coal Chemicals Public Co., Ltd. and changed its name to Baotailong New Materials Co., Ltd. in June 2016. Baotailong New Materials Co., Ltd. was founded in 2003 and is based in Qitaihe, China.

Baotailong New Materials Dividend Announcement

• Baotailong New Materials announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2021-07-15. Ex dividend date: 2021-07-15
• Baotailong New Materials's trailing twelve-month (TTM) dividend yield is -%
• Baotailong New Materials's payout ratio for the trailing twelve months (TTM) is -6.80%

Baotailong New Materials Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-07-15¥0.05annually2021-07-15
2018-06-28¥0.05annually2018-06-28
2015-08-06¥0.10annually
2012-07-09¥0.30annually

Baotailong New Materials Dividend per year

Baotailong New Materials Dividend Yield

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

Baotailong New Materials Financial Ratios

P/E ratio-2.86
PEG ratio-0.07
P/B ratio0.86
ROE-29.52%
Payout ratio-6.80%
Current ratio0.21
Quick ratio0.13
Cash Ratio0.03

Baotailong New Materials Dividend FAQ

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