Pengxin International Mining Co.,Ltd engages in mining, processing, smelting, and selling copper ores primarily in the Democratic Republic of Congo. It produces high purity cathode copper that is used in the fields of wires and cables, electronics, copper material processing, mechanical manufacturing, and copper alloy forging. The company also trades in copper, aluminum, nickel, silver, and other non-ferrous metals, as well as precious metals with a range of large and medium-sized trading companies. In addition, it provides corporate financing and foreign investment services; and engages in the investment, development, construction, and post-investment management of upstream mining resources and materials related to the new energy materials industry chain. The company was formerly known as Shanghai Synica Co., LTD and changed its name to Pengxin International Mining Co.,Ltd in July 2013. Pengxin International Mining Co.,Ltd was founded in 2000 and is headquartered in Shanghai, China.
Pengxin International Mining Dividend Announcement
• Pengxin International Mining announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2021-08-13. Ex dividend date: 2021-08-13
• Pengxin International Mining's trailing twelve-month (TTM) dividend yield is -%
• Pengxin International Mining's payout ratio for the trailing twelve months (TTM) is -13.71%
Pengxin International Mining Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2021-08-13 | ¥0.07 | annually | 2021-08-13 |
2005-06-30 | ¥0.15 | annually | |
2004-07-05 | ¥0.15 | annually |
Pengxin International Mining Dividend per year
Pengxin International Mining Dividend Yield
Pengxin International Mining current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Pengxin International Mining stock? Use our calculator to estimate your expected dividend yield:
Pengxin International Mining Financial Ratios
Pengxin International Mining Dividend FAQ
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.
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