Jilin Chemical Fibre Stock Co.,Ltd produces and sells chemical fiber in China. The company offers bio-based rayons, bamboo fibers, acrylic fibers, carbon fibers, chemical fiber pulps, and yarns. It also exports its products to approximately 30 countries and regions in Asia, Europe, the United States, and Africa. The company was founded in 1960 and is based in Jilin, China.
Jilin Chemical Fibre Stock Dividend Announcement
• Jilin Chemical Fibre Stock announced a annually dividend of ¥0.08 per ordinary share which will be made payable on . Ex dividend date: 2006-07-14
• Jilin Chemical Fibre Stock's trailing twelve-month (TTM) dividend yield is -%
• Jilin Chemical Fibre Stock's payout ratio for the trailing twelve months (TTM) is 478.91%
Jilin Chemical Fibre Stock Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2006-07-14 | ¥0.08 | annually | |
| 2004-07-09 | ¥0.10 | annually | |
| 2001-06-28 | ¥0.12 | annually | |
| 2000-04-19 | ¥0.10 | annually | |
| 1998-06-15 | ¥0.12 | annually |
Jilin Chemical Fibre Stock Dividend per year
Jilin Chemical Fibre Stock Dividend Yield
Jilin Chemical Fibre Stock current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jilin Chemical Fibre Stock stock? Use our calculator to estimate your expected dividend yield:
Jilin Chemical Fibre Stock Financial Ratios
P/E ratio248.44
PEG ratio17.16
P/B ratio2.23
ROE0.91%
Payout ratio478.91%
Current ratio0.53
Quick ratio0.41
Cash Ratio0.18
Jilin Chemical Fibre Stock Dividend FAQ
Does Jilin Chemical Fibre Stock stock pay dividends?
Jilin Chemical Fibre Stock does not currently pay dividends to its shareholders.
Has Jilin Chemical Fibre Stock ever paid a dividend?
No, Jilin Chemical Fibre Stock has no a history of paying dividends to its shareholders. Jilin Chemical Fibre Stock is not known for its dividend payments.
Why doesn't Jilin Chemical Fibre Stock pay dividends?
There are several potential reasons why Jilin Chemical Fibre Stock 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 Jilin Chemical Fibre Stock 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 Jilin Chemical Fibre Stock 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 Jilin Chemical Fibre Stock a dividend aristocrat?
Jilin Chemical Fibre Stock 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 Jilin Chemical Fibre Stock a dividend king?
Jilin Chemical Fibre Stock 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 Jilin Chemical Fibre Stock a dividend stock?
No, Jilin Chemical Fibre Stock 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 Jilin Chemical Fibre Stock stocks?
To buy Jilin Chemical Fibre Stock 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 Jilin Chemical Fibre Stock 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 Jilin Chemical Fibre Stock 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.