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Ocean Line Port Development Limited, an inland terminal operator, provides port logistic services in the People's Republic of China. The company operates two port terminals, including Jiangkou Terminal and Niutoushan Terminal located in Chizhou City, Anhui. It offers cargo uploading and unloading of cargoes, bulk cargoes handling, container handling, storage, short distance land transportation, and related ancillary port services. The company was founded in 2007 and is headquartered in Chizhou, the People's Republic of China. Ocean Line Port Development Limited is a subsidiary of Vital Force Development Limited.

Ocean Line Port Development Dividend Announcement

Ocean Line Port Development announced a annually dividend of HK$0.06 per ordinary share which will be made payable on 2023-06-21. Ex dividend date: 2023-05-30
Ocean Line Port Development's trailing twelve-month (TTM) dividend yield is -%

Ocean Line Port Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-05-30HK$0.06annually2023-06-21

Ocean Line Port Development Dividend per year

Ocean Line Port Development Dividend Yield

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

Ocean Line Port Development Financial Ratios

P/E ratio3.73
PEG ratio0.07
P/B ratio0.41
ROE10.66%
Payout ratio0.00%
Current ratio2.55
Quick ratio2.53
Cash Ratio0.67

Ocean Line Port Development Dividend FAQ

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