company-logo

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 dateDividend amountDividend typePay date
2024-05-29¥0.05annually2024-05-29
2005-07-29¥0.01annually

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

P/E ratio19.87
PEG ratio4.16
P/B ratio3.88
ROE21.02%
Payout ratio10.97%
Current ratio1.38
Quick ratio0.84
Cash Ratio0.52

Chifeng Jilong Gold Mining Dividend FAQ

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