Pu'er Lancang Ancient Tea Co., Ltd. engages in the development, manufacturing, and sale of Pu'er tea products in People's Republic of China, Hong Kong, Macau, and Taiwan. It offers its products under the 1966, Tea Mama, and Iland Tea brand names. The company sells its products through self-operated stores, distributor-operated stores, and hypermarket chains, as well as online stores. Pu'er Lancang Ancient Tea Co., Ltd. was formerly known as Lancang Ancient Tea Co., Ltd. and changed its name to Pu'er Lancang Ancient Tea Co., Ltd. in February 2018. The company was founded in 1966 and is headquartered in Pu'er, China.
Pu'er Lancang Ancient Tea Co Dividend Announcement
• Pu'er Lancang Ancient Tea Co announced a annually dividend of HK$0.61 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-11
• Pu'er Lancang Ancient Tea Co annual dividend for 2024 was HK$0.61
• Pu'er Lancang Ancient Tea Co's trailing twelve-month (TTM) dividend yield is 7.95%
• Pu'er Lancang Ancient Tea Co's payout ratio for the trailing twelve months (TTM) is 32.08%
Pu'er Lancang Ancient Tea Co Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-11 | HK$0.61 | annually | 2024-06-28 |
Pu'er Lancang Ancient Tea Co Dividend per year
Pu'er Lancang Ancient Tea Co Dividend Yield
Pu'er Lancang Ancient Tea Co current trailing twelve-month (TTM) dividend yield is 7.95%. Interested in purchasing Pu'er Lancang Ancient Tea Co stock? Use our calculator to estimate your expected dividend yield:
Pu'er Lancang Ancient Tea Co Financial Ratios
Pu'er Lancang Ancient Tea Co 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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