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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 7.31%

Jy Gas Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-19HK$0.03annually2024-08-09
2023-06-20HK$0.00annually

Jy Gas Dividend per year

Jy Gas Dividend Yield

Jy Gas current trailing twelve-month (TTM) dividend yield is 7.31%. Interested in purchasing Jy Gas stock? Use our calculator to estimate your expected dividend yield:

Jy Gas Financial Ratios

P/E ratio21.22
PEG ratio3.20
P/B ratio0.71
ROE3.35%
Payout ratio0.00%
Current ratio1.28
Quick ratio1.24
Cash Ratio0.54

Jy Gas Dividend FAQ

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