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Changjiu Holdings Limited provides pledged vehicle monitoring and automobile dealership operation management services in China. It offers pledged vehicle monitoring system that consists of the VFS system and vehicle connect mobile application; and hardware, including the radio-frequency identification labels, personal digital assistants, on-board diagnostic devices, and lockboxes. The company also provides Smart Star, an operation management system for managing the daily operations of automobile dealerships comprising customer relationship management software-as-a-service and enterprise resource planning systems. It primarily serves financial institutions, such as commercial banks and automobile finance companies, as well as automobile dealerships. The company was formerly known as Changjiu Digital Technology Limited and changed its name to Changjiu Holdings Limited in September 2023. Changjiu Holdings Limited was founded in 2016 and is headquartered in Beijing, China. Changjiu Holdings Limited operates as a subsidiary of Advancey limited.

CHANGJIU HLDGS Dividend Announcement

• CHANGJIU HLDGS announced a annually dividend of HK$0.43 per ordinary share which will be made payable on 2024-07-16. Ex dividend date: 2024-06-24
• CHANGJIU HLDGS annual dividend for 2024 was HK$0.43
• CHANGJIU HLDGS's trailing twelve-month (TTM) dividend yield is 10.14%

CHANGJIU HLDGS Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-24HK$0.43annually2024-07-16

CHANGJIU HLDGS Dividend per year

CHANGJIU HLDGS Dividend Yield

CHANGJIU HLDGS current trailing twelve-month (TTM) dividend yield is 10.14%. Interested in purchasing CHANGJIU HLDGS stock? Use our calculator to estimate your expected dividend yield:

CHANGJIU HLDGS Financial Ratios

P/E ratio6.32
PEG ratio0.06
P/B ratio2.16
ROE49.61%
Payout ratio0.00%
Current ratio2.64
Quick ratio2.64
Cash Ratio1.62

CHANGJIU HLDGS Dividend FAQ

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