Changchun Zhiyuan New Energy Equipment Co., Ltd, together with its subsidiaries, manufactures, and sells liquefied natural gas (LNG) gas supply systems for heavy trucks and engineering vehicles in China. It offer vehicle-mounted LNG gas supply systems, and vehicle gas storage and ship tanks. The company was founded in 2014 and is based in Changchun, China. Changchun Zhiyuan New Energy Equipment Co., Ltd operates as a subsidiary of Changchun Huifeng Automotive Gear Co., Ltd.
Changchun Zhiyuan New Energy Equipment Dividend Announcement
• Changchun Zhiyuan New Energy Equipment announced a annually dividend of ¥0.40 per ordinary share which will be made payable on 2024-06-12. Ex dividend date: 2024-06-12
• Changchun Zhiyuan New Energy Equipment annual dividend for 2024 was ¥0.40
• Changchun Zhiyuan New Energy Equipment 's trailing twelve-month (TTM) dividend yield is 2.04%
• Changchun Zhiyuan New Energy Equipment 's payout ratio for the trailing twelve months (TTM) is 114.28%
Changchun Zhiyuan New Energy Equipment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-12 | ¥0.40 | annually | 2024-06-12 |
2022-07-15 | ¥0.12 | annually | 2022-07-15 |
Changchun Zhiyuan New Energy Equipment Dividend per year
Changchun Zhiyuan New Energy Equipment Dividend Yield
Changchun Zhiyuan New Energy Equipment current trailing twelve-month (TTM) dividend yield is 2.04%. Interested in purchasing Changchun Zhiyuan New Energy Equipment stock? Use our calculator to estimate your expected dividend yield:
Changchun Zhiyuan New Energy Equipment Financial Ratios
Changchun Zhiyuan New Energy Equipment 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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