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CHYY Development Group Limited, an investment holding company, engages in the research and development of geothermal energy as alternative energy for building heating applications in Mainland China. The company operates through four segments: Shallow Geothermal Energy, Air Conditioning/Shallow Geothermal Heat Pump, Property Investment and Development, and Securities Investment and Trading. The Shallow Geothermal Energy segment is involved in the provision, installation, and maintenance of shallow geothermal energy utilization systems. The Air Conditioning/Shallow Geothermal Heat Pump segment trades in air conditioning/shallow geothermal heat pump products. The Property Investment and Development segment invests in properties. The Securities Investment and Trading segment engages in trading securities and other types of investments. It also provides property development and management, and technical support services; and installs energy systems. The company was formerly known as China Geothermal Industry Development Group Limited and changed its name to CHYY Development Group Limited in August 2022. CHYY Development Group Limited was incorporated in 1999 and is headquartered in Central, Hong Kong.

CHYY Development Dividend Announcement

• CHYY Development announced a annually dividend of HK$0.00 per ordinary share which will be made payable on . Ex dividend date: 2014-05-15
• CHYY Development's trailing twelve-month (TTM) dividend yield is -%

CHYY Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-05-15HK$0.00annually
2013-06-17HK$0.00annually

CHYY Development Dividend per year

CHYY Development Dividend Yield

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

CHYY Development Financial Ratios

P/E ratio4.70
PEG ratio0.14
P/B ratio0.84
ROE17.54%
Payout ratio0.00%
Current ratio0.97
Quick ratio0.57
Cash Ratio0.07

CHYY Development Dividend FAQ

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