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Guangxi Radio and Television Information Network Corporation Limited provides radio and television network services in China. The company provides broadcasting and television transmission; and development and services of information technology. It engages in the digital television; private network business; smart radio cloud; and big data businesses. The company was formerly known as Guangxi Broadcast Television Network Transmission Company. Guangxi Radio and Television Information Network Corporation Limited was founded in 2000 and is based in Nanning, China.

Guangxi Radio and Television Information Network Dividend Announcement

• Guangxi Radio and Television Information Network announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2020-07-28. Ex dividend date: 2020-07-28
• Guangxi Radio and Television Information Network's trailing twelve-month (TTM) dividend yield is -%
• Guangxi Radio and Television Information Network's payout ratio for the trailing twelve months (TTM) is -18.41%

Guangxi Radio and Television Information Network Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-07-28¥0.02annually2020-07-28
2018-07-10¥0.05annually2018-07-10
2016-12-19¥0.13annually

Guangxi Radio and Television Information Network Dividend per year

Guangxi Radio and Television Information Network Dividend Yield

Guangxi Radio and Television Information Network current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Guangxi Radio and Television Information Network stock? Use our calculator to estimate your expected dividend yield:

Guangxi Radio and Television Information Network Financial Ratios

P/E ratio-5.19
PEG ratio0.03
P/B ratio3.96
ROE-59.79%
Payout ratio-18.41%
Current ratio0.57
Quick ratio0.50
Cash Ratio0.09

Guangxi Radio and Television Information Network Dividend FAQ

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