Citic Guoan Wine CO.,LTD cultivation, production, processing, and sale of grape wine in China. The company is based in Urumqi, China.
Citic Guoan Wine Dividend Announcement
• Citic Guoan Wine announced a annually dividend of ¥0.05 per ordinary share which will be made payable on . Ex dividend date: 2004-06-29
• Citic Guoan Wine's trailing twelve-month (TTM) dividend yield is -%
Citic Guoan Wine Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2004-06-29 | ¥0.05 | annually | |
| 2003-06-06 | ¥0.09 | annually | |
| 2002-06-13 | ¥0.06 | annually | |
| 2001-04-17 | ¥0.09 | annually | |
| 1999-06-10 | ¥0.04 | annually |
Citic Guoan Wine Dividend per year
Citic Guoan Wine Dividend growth
Citic Guoan Wine Dividend Yield
Citic Guoan Wine current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Citic Guoan Wine stock? Use our calculator to estimate your expected dividend yield:
Citic Guoan Wine Financial Ratios
P/E ratio-851.76
PEG ratio-68.14
P/B ratio5.04
ROE-0.59%
Payout ratio0.00%
Current ratio8.68
Quick ratio1.03
Cash Ratio0.55
Citic Guoan Wine Dividend FAQ
Does Citic Guoan Wine stock pay dividends?
Citic Guoan Wine does not currently pay dividends to its shareholders.
Has Citic Guoan Wine ever paid a dividend?
No, Citic Guoan Wine has no a history of paying dividends to its shareholders. Citic Guoan Wine is not known for its dividend payments.
Why doesn't Citic Guoan Wine pay dividends?
There are several potential reasons why Citic Guoan Wine 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.
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 Citic Guoan Wine 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 Citic Guoan Wine 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 Citic Guoan Wine a dividend aristocrat?
Citic Guoan Wine 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 Citic Guoan Wine a dividend king?
Citic Guoan Wine 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 Citic Guoan Wine a dividend stock?
No, Citic Guoan Wine 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 Citic Guoan Wine stocks?
To buy Citic Guoan Wine 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 Citic Guoan Wine 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.
Place an order: Use the brokerage's trading platform to place an order to buy Citic Guoan Wine 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.