Gansu Mogao Industrial Development Co.,Ltd produces and sells wine in China. It offers dry red, white, ice wine, brandy, sparkling wine, and sweet wine series products. The company's principal products include Mogao brand wine, pharmaceutical products, and environmental protection products. Gansu Mogao Industrial Development Co.,Ltd. was founded in 1995 and is headquartered in Lanzhou, China.
Gansu Mogao Industrial Development Dividend Announcement
• Gansu Mogao Industrial Development announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2020-08-14. Ex dividend date: 2020-08-14
• Gansu Mogao Industrial Development's trailing twelve-month (TTM) dividend yield is -%
• Gansu Mogao Industrial Development's payout ratio for the trailing twelve months (TTM) is -0.80%
Gansu Mogao Industrial Development Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2020-08-14 | ¥0.03 | annually | 2020-08-14 |
| 2016-11-09 | ¥0.02 | annually | |
| 2013-07-09 | ¥0.03 | annually | |
| 2007-08-15 | ¥0.06 | annually | |
| 2005-08-04 | ¥0.06 | annually |
Gansu Mogao Industrial Development Dividend per year
Gansu Mogao Industrial Development Dividend Yield
Gansu Mogao Industrial Development current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Gansu Mogao Industrial Development stock? Use our calculator to estimate your expected dividend yield:
Gansu Mogao Industrial Development Financial Ratios
P/E ratio-41.40
PEG ratio10.80
P/B ratio2.35
ROE-5.52%
Payout ratio-0.80%
Current ratio3.65
Quick ratio2.14
Cash Ratio0.34
Gansu Mogao Industrial Development Dividend FAQ
Does Gansu Mogao Industrial Development stock pay dividends?
Gansu Mogao Industrial Development does not currently pay dividends to its shareholders.
Has Gansu Mogao Industrial Development ever paid a dividend?
No, Gansu Mogao Industrial Development has no a history of paying dividends to its shareholders. Gansu Mogao Industrial Development is not known for its dividend payments.
Why doesn't Gansu Mogao Industrial Development pay dividends?
There are several potential reasons why Gansu Mogao Industrial Development 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 Gansu Mogao Industrial Development 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 Gansu Mogao Industrial Development 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 Gansu Mogao Industrial Development a dividend aristocrat?
Gansu Mogao Industrial Development 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 Gansu Mogao Industrial Development a dividend king?
Gansu Mogao Industrial Development 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 Gansu Mogao Industrial Development a dividend stock?
No, Gansu Mogao Industrial Development 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 Gansu Mogao Industrial Development stocks?
To buy Gansu Mogao Industrial Development 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 Gansu Mogao Industrial Development 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 Gansu Mogao Industrial Development 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.