Chifeng Jilong Gold Mining Co.,Ltd., operates as a gold acquisition, and integrated resource recovery and utilization company in China. Its products include rare and precious metals, such as gold, silver, bismuth, palladium, and rhodium. The company is also involved in the operation of three gold mines; and disposal of waste electrical and electronic products. The company was formerly known as Guangdong Oriental Brothers Investment Co., Ltd. and changed its name to Chifeng Jilong Gold Mining Co., Ltd. in December 2012. Chifeng Jilong Gold Mining Co., Ltd. is based in Chifeng, China.
Chifeng Jilong Gold Mining Dividend Announcement
• Chifeng Jilong Gold Mining announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29
• Chifeng Jilong Gold Mining annual dividend for 2024 was ¥0.05
• Chifeng Jilong Gold Mining's trailing twelve-month (TTM) dividend yield is 0.29%
• Chifeng Jilong Gold Mining's payout ratio for the trailing twelve months (TTM) is 10.97%
Chifeng Jilong Gold Mining Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-29 | ¥0.05 | annually | 2024-05-29 |
2005-07-29 | ¥0.01 | annually |
Chifeng Jilong Gold Mining Dividend per year
Chifeng Jilong Gold Mining Dividend Yield
Chifeng Jilong Gold Mining current trailing twelve-month (TTM) dividend yield is 0.29%. Interested in purchasing Chifeng Jilong Gold Mining stock? Use our calculator to estimate your expected dividend yield:
Chifeng Jilong Gold Mining Financial Ratios
Chifeng Jilong Gold Mining 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.
Place an order: Use the brokerage's trading platform to place an order to buy Chifeng Jilong Gold Mining 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.