Chongqing Sifang New Material Co., Ltd. engages in the research, development, production, and sale of commercial concrete in China. The company also produces aggregates for construction. Its products are used in the infrastructure construction, such as roads, bridges, tunnels, water conservancy, and industrial and civil real estate construction. The company was founded in 2003 is based in Chongqing, China. As of August 25, 2021, Chongqing Sifang New Material Co., Ltd. operates as a subsidiary of Yichun Zhuozhi Commercial Center (Limited Partnership).
Chongqing Sifang New Material Dividend Announcement
• Chongqing Sifang New Material announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-05-31. Ex dividend date: 2024-05-31
• Chongqing Sifang New Material annual dividend for 2024 was ¥0.02
• Chongqing Sifang New Material's trailing twelve-month (TTM) dividend yield is 0.2%
• Chongqing Sifang New Material's payout ratio for the trailing twelve months (TTM) is 110.47%
Chongqing Sifang New Material Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-31 | ¥0.02 | annually | 2024-05-31 |
2022-05-27 | ¥0.08 | annually | 2022-05-27 |
2021-06-02 | ¥0.60 | annually | 2021-06-02 |
Chongqing Sifang New Material Dividend per year
Chongqing Sifang New Material Dividend Yield
Chongqing Sifang New Material current trailing twelve-month (TTM) dividend yield is 0.2%. Interested in purchasing Chongqing Sifang New Material stock? Use our calculator to estimate your expected dividend yield:
Chongqing Sifang New Material Financial Ratios
Chongqing Sifang New Material 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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