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China Tontine Wines Group Limited, an investment holding company, produces and sells grape wine products. The company provides sweet wines and dry wines under the Tongtian, Tongtian Hong, and TONTINE labels. It also produces and sells brandy, white wines, and ice wines, as well as processes grape juices. In addition, the company is involved in the grapes plantation activity; and offers administrative services. It sells its products through distributors in 20 provinces, 3 autonomous regions, and 4 municipal cities in the People's Republic of China. The company was founded in 2001 and is headquartered in Tonghua, the People's Republic of China.

China Tontine Wines Dividend Announcement

China Tontine Wines announced a annually dividend of HK$0.03 per ordinary share which will be made payable on . Ex dividend date: 2012-05-08
China Tontine Wines's trailing twelve-month (TTM) dividend yield is -%

China Tontine Wines Dividend History

Ex-Div dateDividend amountDividend typePay date
2012-05-08HK$0.03annually
2011-04-29HK$0.03annually
2010-05-28HK$0.03annually

China Tontine Wines Dividend per year

China Tontine Wines Dividend growth

China Tontine Wines Dividend Yield

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

China Tontine Wines Financial Ratios

P/E ratio-1.46
PEG ratio-0.26
P/B ratio0.29
ROE-18.18%
Payout ratio0.00%
Current ratio6.72
Quick ratio4.19
Cash Ratio1.81

China Tontine Wines Dividend FAQ

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