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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 dateDividend amountDividend typePay date
2024-05-24¥0.99annually2024-05-24
2023-05-30¥0.87annually
2022-05-31¥0.76annually
2021-06-10¥0.36annually
2020-06-12¥0.30annually
2015-06-30¥0.03annually
2014-07-11¥0.09annually
2013-06-20¥0.14annually
2012-06-06¥0.20annually
2011-06-20¥0.15annually
2010-06-18¥0.26annually
2009-06-24¥1.11annually

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

P/E ratio8.65
PEG ratio0.80
P/B ratio0.90
ROE11.52%
Payout ratio113.80%
Current ratio0.63
Quick ratio0.61
Cash Ratio0.44

Pingdingshan Tianan Coal Mining Dividend FAQ

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