Grand Industrial Holding Co., Ltd. operates as a commodity trading company in China and internationally. It engages in oilseeds and other bulk agricultural products, including domestic and foreign trade and terminal sales of palm oil, soybean oil, rapeseed oil and other edible oils and fats; export, warehousing, and logistics businesses; bulk commodity trade business, such as energy, chemicals, metals, rubber, agricultural products, etc.; and customs declaration and inspection, and short-distance distribution services. The company was formerly known as Lianyungang Ideal Group Co., Ltd. and changed its name to Grand Industrial Holding Co., Ltd. in October 2016. Grand Industrial Holding Co., Ltd. was founded in 1994 and is based in Lianyungang, China.
Grand Industrial Dividend Announcement
• Grand Industrial announced a annually dividend of ¥0.16 per ordinary share which will be made payable on 2017-10-18. Ex dividend date: 2017-10-18
• Grand Industrial's trailing twelve-month (TTM) dividend yield is -%
• Grand Industrial's payout ratio for the trailing twelve months (TTM) is -25.95%
Grand Industrial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2017-10-18 | ¥0.16 | annually | 2017-10-18 |
2016-10-21 | ¥0.33 | annually |
Grand Industrial Dividend per year
Grand Industrial Dividend Yield
Grand Industrial current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Grand Industrial stock? Use our calculator to estimate your expected dividend yield:
Grand Industrial Financial Ratios
Grand Industrial 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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