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China Graphite Group Limited engages in the production and sale of flake graphite concentrate and spherical graphite in the People's Republic of China. The company extracts unprocessed graphite from its Beishan Mine, an open-pit graphite ore mine located to the northwest of Luobei County in Heilongjiang Province, as well as purchases unprocessed graphite from third-party suppliers. It also sells unprocessed marble. The company serves industrial manufacturers and retailers of heat-resistant materials. The company was founded in 2006 and is headquartered in Hegang, China. China Graphite Group Limited operates as a subsidiary of Sandy Mining Limited

China Graphite Dividend Announcement

China Graphite announced a annually dividend of HK$0.02 per ordinary share which will be made payable on 2023-06-13. Ex dividend date: 2023-05-10
China Graphite's trailing twelve-month (TTM) dividend yield is -%

China Graphite Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-05-10HK$0.02annually2023-06-13

China Graphite Dividend per year

China Graphite Dividend Yield

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

China Graphite Financial Ratios

P/E ratio63.54
PEG ratio1.36
P/B ratio1.24
ROE1.92%
Payout ratio0.00%
Current ratio1.51
Quick ratio1.24
Cash Ratio0.57

China Graphite Dividend FAQ

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