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Nanjing Tanker Corporation provides marine transportation services in China and internationally. The company deals with transportation of crude oil, fuel oil, and chemicals; gasoline, diesel, naphtha, and jet fuel; and aromatics, alcohol, esters, acid bases, alde hyde, ketenes, butadiene, butane, propane, propylene, trichloroethylene, liquid nitrogen, isobutene, butanes, and others. It owns and operates 58 transportation vessels with total dead-weight of 1.84 million tons. Nanjing Tanker Corporation was formerly known as Nanjing Water Transportation Industry Co., Ltd. The company was incorporated in 1993 and is based in Nanjing, China. Nanjing Tanker Corporation is a subsidiary of China Changjiang National Shipping (Group) Corporation.

Nanjing Tanker Dividend Announcement

• Nanjing Tanker does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Nanjing Tanker dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Nanjing Tanker Dividend History

Nanjing Tanker Dividend Yield

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

Nanjing Tanker Financial Ratios

P/E ratio8.59
PEG ratio0.61
P/B ratio1.65
ROE20.73%
Payout ratio2.81%
Current ratio5.39
Quick ratio5.06
Cash Ratio4.25

Nanjing Tanker Dividend FAQ

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