HeBei Jinniu Chemical Industry Co.,Ltd, together with its subsidiaries, produces and sells methanol products in China. Its products are used in chemical, pharmaceutical, light industry, textile, and other industries. The company was formerly known as Changzhou Chemical Industry Co., Ltd and changed its name HeBei Jinniu Chemical Industry Co.,Ltd in May 2008. HeBei Jinniu Chemical Industry Co.,Ltd was founded in 1994 and is based in Cangzhou, China.
HeBei Jinniu Chemical Industry Dividend Announcement
• HeBei Jinniu Chemical Industry announced a annually dividend of ¥0.06 per ordinary share which will be made payable on . Ex dividend date: 2001-07-03
• HeBei Jinniu Chemical Industry's trailing twelve-month (TTM) dividend yield is -%
HeBei Jinniu Chemical Industry Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2001-07-03 | ¥0.06 | annually |
HeBei Jinniu Chemical Industry Dividend per year
HeBei Jinniu Chemical Industry Dividend Yield
HeBei Jinniu Chemical Industry current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing HeBei Jinniu Chemical Industry stock? Use our calculator to estimate your expected dividend yield:
HeBei Jinniu Chemical Industry Financial Ratios
P/E ratio80.08
PEG ratio0.18
P/B ratio2.61
ROE3.31%
Payout ratio0.00%
Current ratio7.95
Quick ratio7.87
Cash Ratio7.56
HeBei Jinniu Chemical Industry Dividend FAQ
Does HeBei Jinniu Chemical Industry stock pay dividends?
HeBei Jinniu Chemical Industry does not currently pay dividends to its shareholders.
Has HeBei Jinniu Chemical Industry ever paid a dividend?
No, HeBei Jinniu Chemical Industry has no a history of paying dividends to its shareholders. HeBei Jinniu Chemical Industry is not known for its dividend payments.
Why doesn't HeBei Jinniu Chemical Industry pay dividends?
There are several potential reasons why HeBei Jinniu Chemical Industry 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 HeBei Jinniu Chemical Industry 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 HeBei Jinniu Chemical Industry 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 HeBei Jinniu Chemical Industry a dividend aristocrat?
HeBei Jinniu Chemical Industry 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 HeBei Jinniu Chemical Industry a dividend king?
HeBei Jinniu Chemical Industry 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 HeBei Jinniu Chemical Industry a dividend stock?
No, HeBei Jinniu Chemical Industry 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 HeBei Jinniu Chemical Industry stocks?
To buy HeBei Jinniu Chemical Industry 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 HeBei Jinniu Chemical Industry 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 HeBei Jinniu Chemical Industry 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.