Grand Ocean Advanced Resources Company Limited, an investment holding company, engages in coal mining business in Inner Mongolia, the People's Republic of China. It produces and sells coal; and provides management services. The company was formerly known as DeTeam Company Limited and changed its name to Grand Ocean Advanced Resources Company Limited in June 2015. Grand Ocean Advanced Resources Company Limited was incorporated in 2000 and is headquartered in Hong Kong, Hong Kong.
Grand Ocean Advanced Resources Dividend Announcement
• Grand Ocean Advanced Resources announced a annually dividend of HK$0.01 per ordinary share which will be made payable on . Ex dividend date: 2013-09-19
• Grand Ocean Advanced Resources's trailing twelve-month (TTM) dividend yield is -%
Grand Ocean Advanced Resources Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2013-09-19 | HK$0.01 | annually | |
| 2012-09-21 | HK$0.00 | annually | |
| 2011-09-23 | HK$0.01 | annually | |
| 2010-10-22 | HK$0.02 | annually | |
| 2009-05-22 | HK$0.03 | annually |
Grand Ocean Advanced Resources Dividend per year
Grand Ocean Advanced Resources Dividend growth
Grand Ocean Advanced Resources Dividend Yield
Grand Ocean Advanced Resources current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Grand Ocean Advanced Resources stock? Use our calculator to estimate your expected dividend yield:
Grand Ocean Advanced Resources Financial Ratios
P/E ratio-15.58
PEG ratio-4.16
P/B ratio1.23
ROE-9.09%
Payout ratio0.00%
Current ratio1.64
Quick ratio1.58
Cash Ratio1.36
Grand Ocean Advanced Resources Dividend FAQ
Does Grand Ocean Advanced Resources stock pay dividends?
Grand Ocean Advanced Resources does not currently pay dividends to its shareholders.
Has Grand Ocean Advanced Resources ever paid a dividend?
No, Grand Ocean Advanced Resources has no a history of paying dividends to its shareholders. Grand Ocean Advanced Resources is not known for its dividend payments.
Why doesn't Grand Ocean Advanced Resources pay dividends?
There are several potential reasons why Grand Ocean Advanced Resources 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 Grand Ocean Advanced Resources 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 Grand Ocean Advanced Resources 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 Grand Ocean Advanced Resources a dividend aristocrat?
Grand Ocean Advanced Resources 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 Grand Ocean Advanced Resources a dividend king?
Grand Ocean Advanced Resources 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 Grand Ocean Advanced Resources a dividend stock?
No, Grand Ocean Advanced Resources 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 Grand Ocean Advanced Resources stocks?
To buy Grand Ocean Advanced Resources 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 Grand Ocean Advanced Resources 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 Grand Ocean Advanced Resources 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.