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Chang Jiang Shipping Group Phoenix Co.,Ltd provides shipping logistics enterprise services in China. It provides coastal, ocean, river, and canal bulk cargo transportation; special bulky logistics transportation; cargo agency services; crew services, including crew labor dispatch, crew management, crew training, examinations, and renewal agency services; and ship management services. The company serves coastal market, steel, metallurgy, electric power, coal, chemical, building materials, cement, and commerce companies. Chang Jiang Shipping Group Phoenix Co.,Ltd is headquartered in Wuhan, China.

Chang Jiang Shipping Phoenix Dividend Announcement

Chang Jiang Shipping Phoenix announced a annually dividend of ¥0.03 per ordinary share which will be made payable on . Ex dividend date: 2009-06-15
Chang Jiang Shipping Phoenix's trailing twelve-month (TTM) dividend yield is -%
Chang Jiang Shipping Phoenix's payout ratio for the trailing twelve months (TTM) is -4.88%

Chang Jiang Shipping Phoenix Dividend History

Ex-Div dateDividend amountDividend typePay date
2009-06-15¥0.03annually
2008-06-13¥0.16annually
2007-06-25¥0.03annually
2006-05-15¥0.14annually
2005-06-23¥0.06annually
2004-05-24¥0.10annually
2003-06-12¥0.08annually
2002-07-23¥0.08annually
2001-05-23¥0.10annually
2000-05-22¥0.08annually
1999-07-06¥0.25annually
1996-07-17¥0.06annually

Chang Jiang Shipping Phoenix Dividend per year

Chang Jiang Shipping Phoenix Dividend growth

Chang Jiang Shipping Phoenix Dividend Yield

Chang Jiang Shipping Phoenix current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Chang Jiang Shipping Phoenix stock? Use our calculator to estimate your expected dividend yield:

Chang Jiang Shipping Phoenix Financial Ratios

P/E ratio-432.22
PEG ratio-29.53
P/B ratio11.74
ROE-2.66%
Payout ratio-4.88%
Current ratio1.40
Quick ratio1.32
Cash Ratio0.55

Chang Jiang Shipping Phoenix Dividend FAQ

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