company-logo

New World Department Store China Limited, an investment holding company, owns and operates department stores in the People's Republic of China. The company is also involved in the property investment activities; operation of convenience stores, household goods shops, and shopping malls; and provision of catering, management, and financing services. As of June 30, 2021, it operated 21 department stores under the New World brand name in Mainland China; and 8 department stores and shopping malls under the Ba Li Chun Tian brand name in Shanghai with a total gross floor area of approximately 1,232,350 square meters covering 17 locations in Mainland China, including Beijing, Tianjin, Yanjiao, Yantai, Lanzhou, Xi'an, Harbin, Shenyang, Shanghai, Nanjing, Wuhan, Changsha, Zhengzhou, Chengdu, Chongqing, Kunming, and Mianyang, as well as nine Love • Original • Life (LOL) concept shops, and two N+ convenience Stores. The company was founded in 1993 and is headquartered in Causeway Bay, Hong Kong. New World Department Store China Limited is a subsidiary of New World Development Company Limited.

New World Department Store China Dividend Announcement

New World Department Store China announced a quarterly dividend of HK$0.04 per ordinary share which will be made payable on . Ex dividend date: 2015-11-25
New World Department Store China's trailing twelve-month (TTM) dividend yield is -%

New World Department Store China Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-11-25HK$0.04quarterly
2015-04-13HK$0.06quarterly
2014-11-25HK$0.06quarterly
2014-05-23HK$0.20quarterly
2014-04-09HK$0.09quarterly
2013-11-22HK$0.09quarterly
2013-04-10HK$0.10quarterly
2012-11-23HK$0.08quarterly
2012-04-10HK$0.10quarterly
2011-11-23HK$0.01quarterly
2011-04-08HK$0.09quarterly
2010-11-16HK$0.07quarterly
2010-04-08HK$0.08quarterly
2009-12-01HK$0.07quarterly
2009-04-07HK$0.08quarterly
2008-11-20HK$0.09quarterly

New World Department Store China Dividend per year

New World Department Store China Dividend growth

New World Department Store China Dividend Yield

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

New World Department Store China Financial Ratios

P/E ratio-3.91
PEG ratio-0.11
P/B ratio0.17
ROE-4.49%
Payout ratio0.00%
Current ratio0.29
Quick ratio0.27
Cash Ratio0.13

New World Department Store China Dividend FAQ

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