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Caissa Tosun Development Co., Ltd. provides travel and tourism related services in China and internationally. It offers Chinese citizens tourism, foreign citizens inbound tour, business travel, incentive travel, international cooperation and exchange, international conference and exhibition, aviation, railway passenger transportation agency, tourism and information consulting, and online services. The company was formerly known as Hna-Caissa Travel Group Co., Ltd. and changed its name to Caissa Tosun Development Co., Ltd. in December 2019. The company was founded in 1993 and is headquartered in Beijing, China. Caissa Tosun Development Co., Ltd. is a subsidiary of HNA Tourism Group Co., Ltd.

Caissa Tosun Development Dividend Announcement

Caissa Tosun Development announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2017-07-21. Ex dividend date: 2017-07-21
Caissa Tosun Development's trailing twelve-month (TTM) dividend yield is -%
Caissa Tosun Development's payout ratio for the trailing twelve months (TTM) is 1.21%

Caissa Tosun Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-07-21¥0.10annually2017-07-21
2004-05-28¥0.03annually
2001-06-05¥0.07annually
1998-01-05¥0.19annually

Caissa Tosun Development Dividend per year

Caissa Tosun Development Dividend Yield

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

Caissa Tosun Development Financial Ratios

P/E ratio7.49
PEG ratio-3.30
P/B ratio6.13
ROE159.92%
Payout ratio1.21%
Current ratio1.63
Quick ratio1.62
Cash Ratio1.14

Caissa Tosun Development Dividend FAQ

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