Dalian Friendship (Group) Co., Ltd. operates retail department stores in China. It also engages in the hotel management; and real estate development businesses. The company is headquartered in Dalian, China. Dalian Friendship (Group) Co., Ltd. operates as a subsidiary of Wuhan Development Investment Co., Ltd.
Dalian Friendship Dividend Announcement
• Dalian Friendship announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2017-07-11. Ex dividend date: 2017-07-11
• Dalian Friendship's trailing twelve-month (TTM) dividend yield is -%
• Dalian Friendship's payout ratio for the trailing twelve months (TTM) is -3.02%
Dalian Friendship Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2017-07-11 | ¥0.10 | annually | 2017-07-11 |
| 2015-07-17 | ¥0.05 | annually | |
| 2014-07-03 | ¥0.25 | annually | |
| 2013-06-21 | ¥0.20 | annually | |
| 2012-07-12 | ¥0.08 | annually | |
| 2011-06-16 | ¥0.06 | annually | |
| 2010-06-08 | ¥0.10 | annually | |
| 2009-06-18 | ¥0.10 | annually | |
| 2008-06-19 | ¥0.05 | annually | |
| 2007-05-24 | ¥0.10 | annually | |
| 2006-07-18 | ¥0.20 | annually | |
| 2006-06-29 | ¥0.12 | annually | |
| 2005-06-10 | ¥0.10 | annually |
Dalian Friendship Dividend per year
Dalian Friendship Dividend growth
Dalian Friendship Dividend Yield
Dalian Friendship current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Dalian Friendship stock? Use our calculator to estimate your expected dividend yield:
Dalian Friendship Financial Ratios
P/E ratio-23.99
PEG ratio3.01
P/B ratio5.34
ROE-20.76%
Payout ratio-3.02%
Current ratio0.41
Quick ratio0.35
Cash Ratio0.18
Dalian Friendship Dividend FAQ
Does Dalian Friendship stock pay dividends?
Dalian Friendship does not currently pay dividends to its shareholders.
Has Dalian Friendship ever paid a dividend?
No, Dalian Friendship has no a history of paying dividends to its shareholders. Dalian Friendship is not known for its dividend payments.
Why doesn't Dalian Friendship pay dividends?
There are several potential reasons why Dalian Friendship 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 Dalian Friendship 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 Dalian Friendship 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 Dalian Friendship a dividend aristocrat?
Dalian Friendship 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 Dalian Friendship a dividend king?
Dalian Friendship 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 Dalian Friendship a dividend stock?
No, Dalian Friendship 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 Dalian Friendship stocks?
To buy Dalian Friendship 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 Dalian Friendship 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 Dalian Friendship 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.