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DIT Group Limited, together with its subsidiaries, provides prefabricated construction work in China. The company also provides decoration and landscaping, and consulting services; grants licenses; and sells equipment. In addition, it is involved in the investment of commercial properties located in Shandong; and development of properties. The company was formerly known as China Minsheng DIT Group Limited and changed its name to DIT Group Limited in November 2019. DIT Group Limited was incorporated in 1991 and is headquartered in Kowloon, Hong Kong.

DIT Dividend Announcement

• DIT announced a annually dividend of HK$0.01 per ordinary share which will be made payable on 2022-06-13. Ex dividend date: 2022-05-26
• DIT's trailing twelve-month (TTM) dividend yield is -%

DIT Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-05-26HK$0.01annually2022-06-13

DIT Dividend per year

DIT Dividend Yield

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

DIT Financial Ratios

P/E ratio-0.79
PEG ratio-0.01
P/B ratio0.23
ROE-27.67%
Payout ratio0.00%
Current ratio0.66
Quick ratio0.63
Cash Ratio0.00

DIT Dividend FAQ

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