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Qingdao Victall Railway Co., Ltd. provides modular products and components for high-speed trains, and urban rail and metro vehicles in China and internationally. Its principal products include rail vehicle passenger and driver interior, subway interior, sanitary water supply, door, air duct, kitchen, front end opening and closing mechanism, through-channel, and lighting systems; and rail vehicle exterior parts, fronts, luggage racks, subway folding seats, cab curtains, driver's cab back walls and doors, VIP side cabinets, 3D molded structural parts, BC parts, etc. The company was founded in 2007 and is based in Qingdao, China.

Qingdao Victall Railway Dividend Announcement

• Qingdao Victall Railway announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-05. Ex dividend date: 2024-06-05
• Qingdao Victall Railway annual dividend for 2024 was ¥0.20
• Qingdao Victall Railway's trailing twelve-month (TTM) dividend yield is 3.29%
• Qingdao Victall Railway's payout ratio for the trailing twelve months (TTM) is 40.81%

Qingdao Victall Railway Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-05¥0.20annually2024-06-05
2021-06-22¥0.15annually2021-06-22

Qingdao Victall Railway Dividend per year

Qingdao Victall Railway Dividend Yield

Qingdao Victall Railway current trailing twelve-month (TTM) dividend yield is 3.29%. Interested in purchasing Qingdao Victall Railway stock? Use our calculator to estimate your expected dividend yield:

Qingdao Victall Railway Financial Ratios

P/E ratio7.61
PEG ratio48.66
P/B ratio0.89
ROE11.86%
Payout ratio40.81%
Current ratio1.77
Quick ratio1.06
Cash Ratio0.38

Qingdao Victall Railway Dividend FAQ

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