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Cinese International Group Holdings Limited, an investment holding company, provides travel products and services in Canada and the United States. The company operates through four segments: Air Ticket Distribution, Travel Business Process Management, Travel Products and Services, and Other Business Process Management. The Air Ticket Distribution segment sells air tickets to travel agents and travelers; and issues air tickets on behalf of airlines. The Travel Business Process Management segment provides mid-office and back-office support services comprising air ticket transaction processing, customer contact, BSP/ARC settlement and reconciliation, software development, travel licensing, compliance, and other administrative services to travel agents. The Travel Products and Services segment designs, develops, and sells package tours, as well as other travel products and services to travel agents and travelers. The Other Business Process Management segment provides translation, customer contact, software support, agent, and other administrative services on behalf of a healthcare company. The company was formerly known as Cteh Inc. and changed its name to Cinese International Group Holdings Limited in November 2021. Cinese International Group Holdings Limited was founded in 1976 and is headquartered in Kowloon, Hong Kong.

Cinese International Dividend Announcement

Cinese International announced a annually dividend of HK$0.01 per ordinary share which will be made payable on 2020-07-15. Ex dividend date: 2020-06-24
Cinese International's trailing twelve-month (TTM) dividend yield is -%

Cinese International Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-06-24HK$0.01annually2020-07-15
2019-06-03HK$0.00annually2019-06-25

Cinese International Dividend per year

Cinese International Dividend Yield

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

Cinese International Financial Ratios

P/E ratio-2.31
PEG ratio-2.83
P/B ratio3.20
ROE-76.34%
Payout ratio0.00%
Current ratio0.99
Quick ratio0.99
Cash Ratio0.35

Cinese International Dividend FAQ

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