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Jinhong Holding Group Co., Ltd. develops, constructs, and manages natural gas pipeline networks. It distributes natural and urban gas to residential, business, and industrial users. The company also engages in the investment and operation of vehicle gas stations. In addition, it provides environmental protection engineering services, including the research, development, and application of air pollution control environmental protection technologies and products, engineering construction, and project operation. The company was formerly known as PetroChina Jinhong Energy Investment Co.,Ltd. and changed its name to Jinhong Holding Group Co., Ltd. in September 2017. Jinhong Holding Group Co., Ltd. was founded in 1992 and is based in Beijing, China.

Jinhong Dividend Announcement

Jinhong announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2017-07-12. Ex dividend date: 2017-07-12
Jinhong's trailing twelve-month (TTM) dividend yield is -%
Jinhong's payout ratio for the trailing twelve months (TTM) is -17.08%

Jinhong Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-07-12¥0.10annually2017-07-12
2016-07-04¥0.15annually
2015-06-26¥0.20annually
2014-06-04¥0.20annually
2002-06-17¥0.04annually

Jinhong Dividend per year

Jinhong Dividend growth

Jinhong Dividend Yield

Jinhong current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jinhong stock? Use our calculator to estimate your expected dividend yield:

Jinhong Financial Ratios

P/E ratio-3.84
PEG ratio0.02
P/B ratio7.41
ROE-143.29%
Payout ratio-17.08%
Current ratio0.16
Quick ratio0.15
Cash Ratio0.03

Jinhong Dividend FAQ

Does Jinhong stock pay dividends?
Jinhong does not currently pay dividends to its shareholders.
Has Jinhong ever paid a dividend?
No, Jinhong has no a history of paying dividends to its shareholders. Jinhong is not known for its dividend payments.
Why doesn't Jinhong pay dividends?
There are several potential reasons why Jinhong 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.
Will Jinhong 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 Jinhong 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 Jinhong a dividend aristocrat?
Jinhong 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 Jinhong a dividend king?
Jinhong 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 Jinhong a dividend stock?
No, Jinhong 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 Jinhong stocks?
To buy Jinhong 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 Jinhong 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.