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 3.05%
• Qingdao Victall Railway's payout ratio for the trailing twelve months (TTM) is 38.73%
Qingdao Victall Railway Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-05 | ¥0.20 | annually | 2024-06-05 |
2021-06-22 | ¥0.15 | annually | 2021-06-22 |
Qingdao Victall Railway Dividend per year
Qingdao Victall Railway Dividend Yield
Qingdao Victall Railway current trailing twelve-month (TTM) dividend yield is 3.05%. Interested in purchasing Qingdao Victall Railway stock? Use our calculator to estimate your expected dividend yield:
Qingdao Victall Railway Financial Ratios
Qingdao Victall Railway 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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