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China International Development Corporation Limited, an investment holding company, manufactures and distributes leather products in Hong Kong, the United States, Europe, and internationally. The company operates in two segments, Leather Manufacturing Business and Leather Retail Business. It also retails fashion apparel, footwear, and leather accessories. In addition, the company engages in industrial hemp planting; hemp fabric product production; and logistics and warehouse operations businesses. As of December 31, 2021, it operated four retail stores under the AREA 0264 name and one Teepee leather workshop. The company was formerly known as Ascent International Holdings Limited and changed its name to China International Development Corporation Limited in December 2019. The company was incorporated in 2002 and is headquartered in Central, Hong Kong. China International Development Corporation Limited is a subsidiary of Waterfront Holding Group Co., Ltd.

China International Development Dividend Announcement

China International Development announced a annually dividend of HK$0.43 per ordinary share which will be made payable on . Ex dividend date: 2015-08-10
China International Development's trailing twelve-month (TTM) dividend yield is -%

China International Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-08-10HK$0.43annually
2012-12-28HK$0.00annually
2011-08-24HK$0.01annually
2010-09-06HK$0.01annually
2009-09-03HK$0.01annually
2009-01-05HK$0.01annually
2008-09-01HK$0.02annually
2008-01-07HK$0.03annually
2007-08-30HK$0.01annually
2007-01-08HK$0.02annually
2006-08-29HK$0.02annually
2006-01-04HK$0.02annually
2005-08-19HK$0.02annually
2004-12-23HK$0.02annually
2004-08-03HK$0.02annually
2003-12-04HK$0.02annually
2003-08-18HK$0.04annually

China International Development Dividend per year

China International Development Dividend growth

China International Development Dividend Yield

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

China International Development Financial Ratios

P/E ratio-22.33
PEG ratio-2.90
P/B ratio-9.61
ROE45.77%
Payout ratio0.00%
Current ratio0.12
Quick ratio0.07
Cash Ratio0.01

China International Development Dividend FAQ

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