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Langfang Development Co., Ltd. distributes electronic products and provides network technology services in China. The company also offers heating and steam services for residents, and commercial and industrial users; develops and manages real estate properties; and offers real estate consulting, and interior decoration and design services. In addition, it manufactures air-conditioning equipment; offers landscaping engineering services; and provides business management consulting services. The company was formerly known as C&T Technology Development CO., LTD and changed its name to Langfang Development Co., Ltd. Langfang Development Co., Ltd. is based in Langfang, China.

Langfang Development Dividend Announcement

Langfang Development announced a annually dividend of ¥0.05 per ordinary share which will be made payable on . Ex dividend date: 2001-12-05
Langfang Development's trailing twelve-month (TTM) dividend yield is -%
Langfang Development's payout ratio for the trailing twelve months (TTM) is 6.56%

Langfang Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2001-12-05¥0.05annually

Langfang Development Dividend per year

Langfang Development Dividend Yield

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

Langfang Development Financial Ratios

P/E ratio30.29
PEG ratio0.29
P/B ratio9.37
ROE40.48%
Payout ratio6.56%
Current ratio1.18
Quick ratio0.95
Cash Ratio0.79

Langfang Development Dividend FAQ

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