Jy Gas Limited, an investment holding company, together with its subsidiaries, engages in the sale of natural gas in the People's Republic of China. It primarily sells piped, compressed, and liquefied natural gas. The company also engages in the construction and installation of piped natural gas (PNG) end user pipeline network to property developers, and residential and non-residential PNG end-users. In addition, it sells gas-burning appliances, such as gas stoves, wall-hung gas boilers, and water heaters to property owners and occupiers. The company was founded in 2003 and is headquartered in Gaomi, the People's Republic of China.
Jy Gas Dividend Announcement
• Jy Gas announced a annually dividend of HK$0.03 per ordinary share which will be made payable on 2024-08-09. Ex dividend date: 2024-06-19
• Jy Gas annual dividend for 2024 was HK$0.03
• Jy Gas annual dividend for 2023 was HK$0.00
• Jy Gas's trailing twelve-month (TTM) dividend yield is 9.21%
Jy Gas Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-19 | HK$0.03 | annually | 2024-08-09 |
2023-06-20 | HK$0.00 | annually |
Jy Gas Dividend per year
Jy Gas Dividend Yield
Jy Gas current trailing twelve-month (TTM) dividend yield is 9.21%. Interested in purchasing Jy Gas stock? Use our calculator to estimate your expected dividend yield:
Jy Gas Financial Ratios
Jy Gas 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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