Jiangxi Bestoo Energy Co.,Ltd. provides centralized heating services for industrial parks and downstream industrial customers in China. It serves customers in various industries, such as food, chemical, textile, paper making, and medicine. Jiangxi Bestoo Energy Co.,Ltd. was founded in 2010 and is headquartered in Beijing, China.
JIANGXI BESTOO ENE Dividend Announcement
• JIANGXI BESTOO ENE announced a semi annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-09-20
• JIANGXI BESTOO ENE annual dividend for 2024 was ¥0.15
• JIANGXI BESTOO ENE annual dividend for 2023 was ¥0.10
• JIANGXI BESTOO ENE's trailing twelve-month (TTM) dividend yield is 1.74%
• JIANGXI BESTOO ENE's payout ratio for the trailing twelve months (TTM) is 66.44%
JIANGXI BESTOO ENE Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | ¥0.05 | semi annually | 2024-09-20 |
2024-04-17 | ¥0.10 | semi annually | |
2023-12-27 | ¥0.10 | semi annually | 2023-12-27 |
JIANGXI BESTOO ENE Dividend per year
JIANGXI BESTOO ENE Dividend Yield
JIANGXI BESTOO ENE current trailing twelve-month (TTM) dividend yield is 1.74%. Interested in purchasing JIANGXI BESTOO ENE stock? Use our calculator to estimate your expected dividend yield:
JIANGXI BESTOO ENE Financial Ratios
JIANGXI BESTOO ENE 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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