Gresgying Digital Energy Technology Co.,Ltd produces and sells electricity in China. It also engages in the railway special line transportation business that operates railway special lines and freight yards. The company was formerly known as Shandong Jiangquan Industry Co.,Ltd and changed its name to Gresgying Digital Energy Technology Co.,Ltd in May 2022. Gresgying Digital Energy Technology Co.,Ltd is based in Linyi, China.
Gresgying Digital Energy Technology Dividend Announcement
• Gresgying Digital Energy Technology announced a annually dividend of ¥0.08 per ordinary share which will be made payable on . Ex dividend date: 2003-07-21
• Gresgying Digital Energy Technology's trailing twelve-month (TTM) dividend yield is -%
• Gresgying Digital Energy Technology's payout ratio for the trailing twelve months (TTM) is -5.56%
Gresgying Digital Energy Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2003-07-21 | ¥0.08 | annually | |
| 2002-07-22 | ¥0.09 | annually | |
| 2001-05-22 | ¥0.10 | annually | |
| 2000-07-28 | ¥0.20 | annually |
Gresgying Digital Energy Technology Dividend per year
Gresgying Digital Energy Technology Dividend growth
Gresgying Digital Energy Technology Dividend Yield
Gresgying Digital Energy Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Gresgying Digital Energy Technology stock? Use our calculator to estimate your expected dividend yield:
Gresgying Digital Energy Technology Financial Ratios
P/E ratio-517.31
PEG ratio27.25
P/B ratio10.47
ROE-1.96%
Payout ratio-5.56%
Current ratio1.43
Quick ratio1.21
Cash Ratio0.40
Gresgying Digital Energy Technology Dividend FAQ
Does Gresgying Digital Energy Technology stock pay dividends?
Gresgying Digital Energy Technology does not currently pay dividends to its shareholders.
Has Gresgying Digital Energy Technology ever paid a dividend?
No, Gresgying Digital Energy Technology has no a history of paying dividends to its shareholders. Gresgying Digital Energy Technology is not known for its dividend payments.
Why doesn't Gresgying Digital Energy Technology pay dividends?
There are several potential reasons why Gresgying Digital Energy Technology 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 Gresgying Digital Energy Technology 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 Gresgying Digital Energy Technology 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 Gresgying Digital Energy Technology a dividend aristocrat?
Gresgying Digital Energy Technology 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 Gresgying Digital Energy Technology a dividend king?
Gresgying Digital Energy Technology 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 Gresgying Digital Energy Technology a dividend stock?
No, Gresgying Digital Energy Technology 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 Gresgying Digital Energy Technology stocks?
To buy Gresgying Digital Energy Technology 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 Gresgying Digital Energy Technology 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 Gresgying Digital Energy Technology 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.