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New Silkroad Culturaltainment Limited, an investment holding company, produces and distributes wines in the People's Republic of China. The company also develops and operates integrated resort and cultural tourism; and entertainment business in South Korea. In addition, it is involved in the development and operation of real estate properties in Australia; and the procurement and distribution of grapes. The company was formerly known as JLF Investment Company Limited and changed its name to New Silkroad Culturaltainment Limited in July 2015. New Silkroad Culturaltainment Limited is headquartered in Causeway Bay, Hong Kong.

New Silkroad Culturaltainment Dividend Announcement

New Silkroad Culturaltainment announced a annually dividend of HK$0.01 per ordinary share which will be made payable on . Ex dividend date: 2011-04-21
New Silkroad Culturaltainment's trailing twelve-month (TTM) dividend yield is -%

New Silkroad Culturaltainment Dividend History

Ex-Div dateDividend amountDividend typePay date
2011-04-21HK$0.01annually
2008-05-08HK$0.01annually

New Silkroad Culturaltainment Dividend per year

New Silkroad Culturaltainment Dividend Yield

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

New Silkroad Culturaltainment Financial Ratios

P/E ratio-4.39
PEG ratio-0.38
P/B ratio0.36
ROE-8.11%
Payout ratio0.00%
Current ratio2.05
Quick ratio1.14
Cash Ratio0.43

New Silkroad Culturaltainment Dividend FAQ

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