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China ITS (Holdings) Co., Ltd., an investment holding company, provides products, specialised solutions, and services related to infrastructure technology in Mainland China and internationally. It operates through Railway Business and Electric Power Business segments. The Railway Business segment offers specialised solutions, including railway communication products and energy-base products. This segment also provides maintenance services, network optimization and network planning, and technical consulting for the products related to the communication system for railway customers. The Electric Power Business segment offers products and specialised solutions related to electric power equipment for customers in the electric power infrastructure construction area, such as power transmission and transformation equipment, power generation equipment, etc, as well as is involved in the power generation activities. This segment also provides planning and technical consulting services of the infrastructure construction in relation to electric power, including power plant construction and power grid renovation; and value-added operation and services related to power plant investment, construction and operation, etc. The company also engages in the real estate development and commercial properties leasing; and sale of electronics activities. In addition, it provides technology, communications, and surveillance specialised solutions, as well as internet information technology services; and intelligent transportation system services. China ITS (Holdings) Co., Ltd. was incorporated in 2008 and is headquartered in Beijing, the People's Republic of China.

China ITS Dividend Announcement

China ITS announced a annually dividend of HK$0.02 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-08-15
China ITS annual dividend for 2024 was HK$0.02
China ITS's trailing twelve-month (TTM) dividend yield is 14.45%

China ITS Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-15HK$0.02annually2024-08-30
2014-05-22HK$0.01annually2014-08-04
2013-09-09HK$0.01annually2013-11-04

China ITS Dividend per year

China ITS Dividend Yield

China ITS current trailing twelve-month (TTM) dividend yield is 14.45%. Interested in purchasing China ITS stock? Use our calculator to estimate your expected dividend yield:

China ITS Financial Ratios

P/E ratio6.11
PEG ratio-0.25
P/B ratio0.14
ROE2.31%
Payout ratio0.00%
Current ratio1.97
Quick ratio1.36
Cash Ratio0.47

China ITS Dividend FAQ

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