IRICO Group New Energy Company Limited, together with its subsidiaries, engages in the research and development, production, and sale of new energy photovoltaic glass in the People's Republic of China and internationally. The company also offers solar cells and components. In addition, it is involved in photovoltaic power generation. The company was formerly known as IRICO Group Electronics Company Limited and changed its name to IRICO Group New Energy Company Limited in January 2016. The company was founded in 2004 and is headquartered in Xianyang, the People's Republic of China.
IRICO New Energy Dividend Announcement
• IRICO New Energy announced a annually dividend of HK$0.03 per ordinary share which will be made payable on . Ex dividend date: 2005-05-19
• IRICO New Energy's trailing twelve-month (TTM) dividend yield is -%
• IRICO New Energy's payout ratio for the trailing twelve months (TTM) is -55.11%
IRICO New Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2005-05-19 | HK$0.03 | annually |
IRICO New Energy Dividend per year
IRICO New Energy Dividend Yield
IRICO New Energy current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing IRICO New Energy stock? Use our calculator to estimate your expected dividend yield:
IRICO New Energy Financial Ratios
IRICO New Energy 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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