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China Ocean Group Development Limited, an investment holding company, engages in the supply chain management and ocean fishing businesses in the People's Republic of China, Hong Kong, and internationally. The company provides services involving the planning and implementation of an integrated solution for the flow of business, logistic, information, and funds to small and medium sized enterprises in various industries. In addition, the company is involved in the fishing and catching business in an open sea. Further, it provides administration services and trades in seafood products. The company was formerly known as China Ocean Fishing Holdings Limited and changed its name to China Ocean Group Development Limited in May 2020. China Ocean Group Development Limited was incorporated in 2001 and is headquartered in Wan Chai, Hong Kong.

China Ocean Development Dividend Announcement

• China Ocean Development does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on China Ocean Development dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

China Ocean Development Dividend History

China Ocean Development Dividend Yield

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

China Ocean Development Financial Ratios

P/E ratio-5.50
PEG ratio-0.10
P/B ratio0.42
ROE-7.78%
Payout ratio0.00%
Current ratio1.66
Quick ratio0.73
Cash Ratio0.00

China Ocean Development Dividend FAQ

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