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Palinda Group Holdings Limited, an investment holding company, engages in the production, sale, and distribution of food products in Hong Kong and Australia. The company operates through Wine Business, Food Products Operations, Investments, and Money Lending segments. It offers barbequed food and Taiwanese Lou Mei to concessionaire stores in supermarkets; sells and distributes wine products and grapes; and invests in securities, as well as engages in the money lending business. The company was formerly known as Food Idea Holdings Limited and changed its name to Palinda Group Holdings Limited in October 2020. Palinda Group Holdings Limited was founded in 2006 and is headquartered in Hung Hom, Hong Kong.

Palinda Dividend Announcement

• Palinda announced a annually dividend of HK$0.00 per ordinary share which will be made payable on 2013-12-05. Ex dividend date: 2013-11-27
• Palinda's trailing twelve-month (TTM) dividend yield is -%

Palinda Dividend History

Ex-Div dateDividend amountDividend typePay date
2013-11-27HK$0.00annually2013-12-05

Palinda Dividend per year

Palinda Dividend Yield

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

Palinda Financial Ratios

P/E ratio-5.33
PEG ratio-0.48
P/B ratio0.36
ROE-6.52%
Payout ratio0.00%
Current ratio3.47
Quick ratio0.43
Cash Ratio0.02

Palinda Dividend FAQ

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