Changbai Mountain Tourism Co., Ltd. operates in the tourism industry in China. It engages in the tourist passenger transportation, hotel management, travel agency management, hot spring water development, scenic area management, and other activities. The company is based in Changbai, China. Changbai Mountain Tourism Co., Ltd. operates as a subsidiary of Jilin Changbai Mountain Development and Construction (Group) Co.,Ltd.
Changbai Mountain Tourism Dividend Announcement
• Changbai Mountain Tourism announced a annually dividend of ¥0.08 per ordinary share which will be made payable on 2024-05-17. Ex dividend date: 2024-05-17 • Changbai Mountain Tourism annual dividend for 2024 was ¥0.08 • Changbai Mountain Tourism's trailing twelve-month (TTM) dividend yield is 0.18% • Changbai Mountain Tourism's payout ratio for the trailing twelve months (TTM) is 17.77%
Changbai Mountain Tourism current trailing twelve-month (TTM) dividend yield is 0.18%. Interested in purchasing Changbai Mountain Tourism stock? Use our calculator to estimate your expected dividend yield:
Changbai Mountain Tourism Financial Ratios
P/E ratio83.57
PEG ratio0.84
P/B ratio9.61
ROE12.49%
Payout ratio17.77%
Current ratio2.71
Quick ratio2.59
Cash Ratio1.87
Changbai Mountain Tourism Dividend FAQ
How much is the next Changbai Mountain Tourism dividend?
Changbai Mountain Tourism's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Changbai Mountain Tourism dividend. The next Changbai Mountain Tourism dividend will be released in .
When is Changbai Mountain Tourism dividend paid?
Changbai Mountain Tourism pays dividends on a annually basis. The specific dates may vary each year but are generally around . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Changbai Mountain Tourism pay?
The specific amount of Changbai Mountain Tourism dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Changbai Mountain Tourism's dividend history.
Does Changbai Mountain Tourism stock pay dividends?
Yes, Changbai Mountain Tourism does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Changbai Mountain Tourism's dividend history.
How much dividend does Changbai Mountain Tourism pay?
Changbai Mountain Tourism paid ¥0.078 in 2024, ¥0.0 in 2023, ¥0.0 in 2022, ¥0.0 in 2021, and ¥0.043 in 2020.
How often does Changbai Mountain Tourism pay dividends?
Changbai Mountain Tourism typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around .
What is Changbai Mountain Tourism's dividend yield?
The current dividend yield for Changbai Mountain Tourism is 0.18%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Changbai Mountain Tourism's exact dividend yield.
When does Changbai Mountain Tourism go ex dividend?
Changbai Mountain Tourism's ex-dividend date for the latest dividend was on 2024-05-17. Changbai Mountain Tourism typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Changbai Mountain Tourism dividend paid?
Changbai Mountain Tourism pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Changbai Mountain Tourism increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Changbai Mountain Tourism will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Changbai Mountain Tourism dividend per share?
Changbai Mountain Tourism paid ¥0.078 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Changbai Mountain Tourism pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Changbai Mountain Tourism a dividend aristocrat?
No, 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 Changbai Mountain Tourism a dividend king?
No, 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 Changbai Mountain Tourism a dividend stock?
Yes, Changbai Mountain Tourism is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Changbai Mountain Tourism a good dividend stock?
Whether Changbai Mountain Tourism is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Changbai Mountain Tourism has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Changbai Mountain Tourism as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Changbai Mountain Tourism pay dividends monthly?
Changbai Mountain Tourism typically pays dividends on a annually basis.
Does Changbai Mountain Tourism pay dividends quarterly?
Changbai Mountain Tourism currently pays dividends on a annually basis.
Has Changbai Mountain Tourism ever paid a dividend?
Yes, Changbai Mountain Tourism has a history of paying dividends to its shareholders. Changbai Mountain Tourism is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Changbai Mountain Tourism dividend stocks?
To buy Changbai Mountain Tourism 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Changbai Mountain Tourism 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.
When does Changbai Mountain Tourism pay dividends 2024?
Changbai Mountain Tourism pays dividends on a annually basis. 2024 dividend payments are in 2024-05-17. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Changbai Mountain Tourism increase its dividend in 2024?
Decisions regarding Changbai Mountain Tourism dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Changbai Mountain Tourism dividend overview you can look into the above table of dividend history.
How Changbai Mountain Tourism dividend works?
The Changbai Mountain Tourism dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Changbai Mountain Tourism's dividend process works:
1. Determination of Dividend: Changbai Mountain Tourism's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Changbai Mountain Tourism publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Changbai Mountain Tourism distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Changbai Mountain Tourism are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Changbai Mountain Tourism dividends paid?
Changbai Mountain Tourism dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Changbai Mountain Tourism sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Changbai Mountain Tourism distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Changbai Mountain Tourism declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Changbai Mountain Tourism pay dividends?
Changbai Mountain Tourism typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Changbai Mountain Tourism pay dividends?
The general pattern is that Changbai Mountain Tourism pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Changbai Mountain Tourism dividend safe?
The safety of Changbai Mountain Tourism's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Changbai Mountain Tourism's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Changbai Mountain Tourism's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.