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Fosun Tourism Group, an investment holding company, provides resort services in Europe, the Middle East, Africa, the United States, and the Asia Pacific. It operates through three segments: Resorts and Hotels, Tourism Destinations, and Services and Solutions in Various Tourism and Leisure Settings. The Resorts and Hotels segment operates and manages vacation resorts under the Club Med and Club Med Joyview, Casa Cook, and Cook's Club brands. As of December 31, 2021, it had 14 owned, 38 leased, and 12 management contract operated resorts. The Tourism Destinations segment engages in the development, operation, and management of tourism resources and vacation facilities; and facilities directly and indirectly supporting tourism. This segment offers services under the Atlantis Sanya, Lijiang FOLIDAY Town, and Taicang FOLIDAY Town brands. The Services and Solutions in Various Tourism and Leisure Settings segment is involved in the development and promotion of the cultural events, performing arts, live entertainment, and culture-related services; and operation of online and offline tourism and leisure products, and solution platforms. The company operates Miniversity, a learning and playing club for children; and FOLIDAY platform. In addition, it engages in the provision of tourism and leisure products under the FOLIDAY Town brand; and real estate activities, as well as wholesale and retail of Club Med products. The company was formerly known as Fosun Tourism and Culture Group (Cayman) Company Limited and changed its name to Fosun Tourism Group in August 2018. The company was founded in 1950 and is based in Central, Hong Kong. Fosun Tourism Group is a subsidiary of Fosun International Limited.

Fosun Tourism Dividend Announcement

• Fosun Tourism announced a semi annually dividend of HK$0.02 per ordinary share which will be made payable on . Ex dividend date: 2020-06-30
• Fosun Tourism's trailing twelve-month (TTM) dividend yield is -%

Fosun Tourism Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-06-30HK$0.02semi annually
2020-06-23HK$0.02semi annually2020-07-15
2019-09-30HK$0.07semi annually2019-10-18

Fosun Tourism Dividend per year

Fosun Tourism Dividend Yield

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

Fosun Tourism Financial Ratios

P/E ratio27.55
PEG ratio0.29
P/B ratio1.68
ROE6.45%
Payout ratio0.00%
Current ratio0.62
Quick ratio0.48
Cash Ratio0.25

Fosun Tourism Dividend FAQ

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