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 1.08%
Caissa Tosun Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2017-07-21 | ¥0.10 | annually | 2017-07-21 |
2004-05-28 | ¥0.03 | annually | |
2001-06-05 | ¥0.07 | annually | |
1998-01-05 | ¥0.19 | annually |
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
Caissa Tosun Development 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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