Delong Composite Energy Group Co., Ltd. engages in the supply and distribution of natural gas through pipelines for households and industrial users in China. It also operates hotels; invests in, develops, and manages properties; and provides interior decoration services. The company was formerly known as Sichuan Datong Gas Development Co.,Ltd. and changed its name to Delong Composite Energy Group Co., Ltd. in February 2022. Delong Composite Energy Group Co., Ltd. is headquartered in Chengdu, China.
Delong Composite Energy Dividend Announcement
• Delong Composite Energy announced a annually dividend of ¥0.02 per ordinary share which will be made payable on . Ex dividend date: 2015-06-08
• Delong Composite Energy's trailing twelve-month (TTM) dividend yield is -%
• Delong Composite Energy's payout ratio for the trailing twelve months (TTM) is -9.39%
Delong Composite Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2015-06-08 | ¥0.02 | annually | |
2014-05-30 | ¥0.07 | annually | |
2012-09-28 | ¥0.06 | annually | |
2000-07-07 | ¥0.20 | annually | |
1999-06-10 | ¥0.10 | annually | |
1997-07-23 | ¥0.20 | annually |
Delong Composite Energy Dividend per year
Delong Composite Energy Dividend growth
Delong Composite Energy Dividend Yield
Delong Composite Energy current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Delong Composite Energy stock? Use our calculator to estimate your expected dividend yield:
Delong Composite Energy Financial Ratios
Delong Composite Energy 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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