Cedar Development Co., Ltd. engages in the manufacture and sale of garments in China. The company offers men's suits, coats, jackets, down jackets, Nike and cotton clothes, and sweaters; women's suits, coats, and windbreakers; and job uniforms. It also provides shirts, trousers, and tops, as well as dry cleaning and maintenance service for suits. The company was formerly known as Sinoer Men's Wear Co., Ltd. and changed its name to Cedar Development Co., Ltd. in August 2021. The company was founded in 1992 and is based in Zhucheng, China. Cedar Development Co., Ltd. is a subsidiary of Guangzhou Cedar Cultural Tourism Investment Co., Ltd.
Cedar Development Dividend Announcement
• Cedar Development announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2019-06-25. Ex dividend date: 2019-06-25
• Cedar Development's trailing twelve-month (TTM) dividend yield is -%
• Cedar Development's payout ratio for the trailing twelve months (TTM) is -36.51%
Cedar Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-06-25 | ¥0.02 | annually | 2019-06-25 |
2014-07-16 | ¥0.04 | annually | |
2013-04-10 | ¥0.20 | annually | |
2012-05-16 | ¥0.50 | annually | |
2011-06-23 | ¥0.50 | annually |
Cedar Development Dividend per year
Cedar Development Dividend growth
Cedar Development Dividend Yield
Cedar Development current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Cedar Development stock? Use our calculator to estimate your expected dividend yield:
Cedar Development Financial Ratios
Cedar 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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