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China Zenith Chemical Group Limited, an investment holding company, generates and supplies heat and power in the People's Republic of China. It operates through three segments: Heat and Power, Calcium Carbide, and Construction Service. The company supplies heat for residential use; and produces and sells calcium carbide, vinyl acetate, and polyvinyl-chloride. It also engages in the construction and monitoring of public facilities; and provision of municipal engineering construction, and administrative and consultancy services. The company was formerly known as Xinyang Maojian Group Limited and changed its name to China Zenith Chemical Group Limited in April 2022. China Zenith Chemical Group Limited is headquartered in Wan Chai, Hong Kong.

China Zenith Chemical Dividend Announcement

China Zenith Chemical announced a annually dividend of HK$0.00 per ordinary share which will be made payable on . Ex dividend date: 2003-11-13
China Zenith Chemical's trailing twelve-month (TTM) dividend yield is -%

China Zenith Chemical Dividend History

Ex-Div dateDividend amountDividend typePay date
2003-11-13HK$0.00annually

China Zenith Chemical Dividend per year

China Zenith Chemical Dividend Yield

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

China Zenith Chemical Financial Ratios

P/E ratio-0.31
PEG ratio-0.00
P/B ratio-0.05
ROE16.04%
Payout ratio0.00%
Current ratio0.05
Quick ratio0.04
Cash Ratio0.03

China Zenith Chemical Dividend FAQ

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