Jinan High-tech Development Co., Ltd., together with its subsidiaries, engages in the development and operation of industrial parks, residential, and commercial real estate in China. Jinan High-tech Development Co., Ltd. is based in Jinan, China.
Jinan High-tech Development Dividend Announcement
• Jinan High-tech Development announced a annually dividend of ¥0.02 per ordinary share which will be made payable on . Ex dividend date: 2014-06-16
• Jinan High-tech Development's trailing twelve-month (TTM) dividend yield is -%
• Jinan High-tech Development's payout ratio for the trailing twelve months (TTM) is -33.82%
Jinan High-tech Development Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2014-06-16 | ¥0.02 | annually | |
| 2013-08-12 | ¥0.01 | annually | |
| 1994-04-04 | ¥0.14 | annually |
Jinan High-tech Development Dividend per year
Jinan High-tech Development Dividend Yield
Jinan High-tech Development current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jinan High-tech Development stock? Use our calculator to estimate your expected dividend yield:
Jinan High-tech Development Financial Ratios
P/E ratio-43.37
PEG ratio3.06
P/B ratio21.01
ROE-43.47%
Payout ratio-33.82%
Current ratio0.99
Quick ratio0.55
Cash Ratio0.06
Jinan High-tech Development Dividend FAQ
Does Jinan High-tech Development stock pay dividends?
Jinan High-tech Development does not currently pay dividends to its shareholders.
Has Jinan High-tech Development ever paid a dividend?
No, Jinan High-tech Development has no a history of paying dividends to its shareholders. Jinan High-tech Development is not known for its dividend payments.
Why doesn't Jinan High-tech Development pay dividends?
There are several potential reasons why Jinan High-tech Development 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 Jinan High-tech Development 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 Jinan High-tech Development 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 Jinan High-tech Development a dividend aristocrat?
Jinan High-tech Development 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 Jinan High-tech Development a dividend king?
Jinan High-tech Development 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 Jinan High-tech Development a dividend stock?
No, Jinan High-tech Development 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 Jinan High-tech Development stocks?
To buy Jinan High-tech Development 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 Jinan High-tech Development 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 Jinan High-tech Development 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.