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China Resources and Environment Co.,Ltd. engages in the recycling and dismantling of waste electrical and electronic products in China. The company primarily recycles TVs, washing machines, refrigerators, room air conditioners, and microcomputers. Its downstream customers include modified plastics, glass processing, recycled metal smelting, and hazardous waste disposal companies. The company was founded in 1996 and is based in Beijing, China.

China Resources and Environment Dividend Announcement

China Resources and Environment announced a annually dividend of ¥0.01 per ordinary share which will be made payable on 2022-07-22. Ex dividend date: 2022-07-22
China Resources and Environment's trailing twelve-month (TTM) dividend yield is -%
China Resources and Environment's payout ratio for the trailing twelve months (TTM) is 51.24%

China Resources and Environment Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-07-22¥0.01annually2022-07-22
2004-04-20¥0.05annually
2002-05-27¥0.06annually
2001-05-15¥0.05annually
2000-06-30¥0.14annually

China Resources and Environment Dividend per year

China Resources and Environment Dividend growth

China Resources and Environment Dividend Yield

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

China Resources and Environment Financial Ratios

P/E ratio35.11
PEG ratio9.70
P/B ratio2.75
ROE8.19%
Payout ratio51.24%
Current ratio1.53
Quick ratio1.48
Cash Ratio0.07

China Resources and Environment Dividend FAQ

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