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DeTai New Energy Group Limited, an investment holding company, engages in the hotel hospitality business. It operates One Niseko Resort Towers, a hotel located in the Niseko, Hokkaido. The company also provides money lending services; trades in and distributes liquor and wine; and invests in funds. It primarily operates in Japan, Hong Kong, and the People's Republic of China. The company was formerly known as Guocang Group Limited and changed its name to DeTai New Energy Group Limited in December 2015. DeTai New Energy Group Limited is headquartered in Central, Hong Kong.

DeTai New Energy Dividend Announcement

DeTai New Energy announced a annually dividend of HK$0.01 per ordinary share which will be made payable on . Ex dividend date: 2007-05-08
DeTai New Energy's trailing twelve-month (TTM) dividend yield is -%

DeTai New Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2007-05-08HK$0.01annually
2006-11-21HK$0.03annually
2006-06-08HK$0.01annually

DeTai New Energy Dividend per year

DeTai New Energy Dividend Yield

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

DeTai New Energy Financial Ratios

P/E ratio-2.64
PEG ratio-0.04
P/B ratio0.42
ROE-15.26%
Payout ratio0.00%
Current ratio6.74
Quick ratio6.65
Cash Ratio0.87

DeTai New Energy Dividend FAQ

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