Pingdingshan Tianan Coal. Mining Co., Ltd. engages in the mining, washing, processing, and sale of coal in China. It offers coking, fat, steam, and refined coal. The company was incorporated in 1998 and is headquartered in Pingdingshan, China. Pingdingshan Tianan Coal. Mining Co., Ltd. is a subsidiary of China Pingmei Shenma Energy and Chemical Group Co., Ltd.
Pingdingshan Tianan Coal Mining Dividend Announcement
• Pingdingshan Tianan Coal Mining announced a annually dividend of ¥0.99 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-24
• Pingdingshan Tianan Coal Mining annual dividend for 2024 was ¥0.99
• Pingdingshan Tianan Coal Mining annual dividend for 2023 was ¥0.87
• Pingdingshan Tianan Coal Mining's trailing twelve-month (TTM) dividend yield is 9.6%
• Pingdingshan Tianan Coal Mining's payout ratio for the trailing twelve months (TTM) is 113.80%
Pingdingshan Tianan Coal Mining Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-24 | ¥0.99 | annually | 2024-05-24 |
2023-05-30 | ¥0.87 | annually | |
2022-05-31 | ¥0.76 | annually | |
2021-06-10 | ¥0.36 | annually | |
2020-06-12 | ¥0.30 | annually | |
2015-06-30 | ¥0.03 | annually | |
2014-07-11 | ¥0.09 | annually | |
2013-06-20 | ¥0.14 | annually | |
2012-06-06 | ¥0.20 | annually | |
2011-06-20 | ¥0.15 | annually | |
2010-06-18 | ¥0.26 | annually | |
2009-06-24 | ¥1.11 | annually |
Pingdingshan Tianan Coal Mining Dividend per year
Pingdingshan Tianan Coal Mining Dividend growth
Pingdingshan Tianan Coal Mining Dividend Yield
Pingdingshan Tianan Coal Mining current trailing twelve-month (TTM) dividend yield is 9.6%. Interested in purchasing Pingdingshan Tianan Coal Mining stock? Use our calculator to estimate your expected dividend yield:
Pingdingshan Tianan Coal Mining Financial Ratios
Pingdingshan Tianan Coal 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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