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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2003-11-13 | HK$0.00 | annually |
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
China Zenith Chemical Dividend FAQ
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.
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