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Qingdao Zhongzi Zhongcheng Group Co.,Ltd. engages in the research and development, manufacturing, and innovation of power and harmonic pollution control equipment in China and internationally. It offers green power grid products, such as high voltage shunt and filter capacitors; and magnetically controlled static var compensation devices. The company also invests in the construction of power plants, and grid transmission and distribution facilities; and invests in, develops, and operates industrial parks. In addition, it develops and operates in various industries, such as ap water, natural gas, expressway, port, wharf, and fishery through BOT, IBO, and PPP. Further, the company is involved in financial investment; EPC general contracting; property services; mining services; production and sales of coal; and domestic and foreign trade. The company was formerly known as Qingdao Hengshun Zhongsheng Group Co., Ltd. and changed its name to Qingdao Zhongzi Zhongcheng Group Co., Ltd. in February 2019. Qingdao Zhongzi Zhongcheng Group Co.,Ltd. was founded in 1998 and is based in Qingdao, China.

Qingdao Zhongzi Zhongcheng Dividend Announcement

• Qingdao Zhongzi Zhongcheng announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2019-07-12. Ex dividend date: 2019-07-12
• Qingdao Zhongzi Zhongcheng's trailing twelve-month (TTM) dividend yield is -%
• Qingdao Zhongzi Zhongcheng's payout ratio for the trailing twelve months (TTM) is -1.66%

Qingdao Zhongzi Zhongcheng Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-07-12¥0.03annually2019-07-12
2015-09-24¥0.15annually
2013-04-02¥0.20annually
2012-05-16¥0.20annually

Qingdao Zhongzi Zhongcheng Dividend per year

Qingdao Zhongzi Zhongcheng Dividend Yield

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

Qingdao Zhongzi Zhongcheng Financial Ratios

P/E ratio-1.88
PEG ratio-0.02
P/B ratio-4.74
ROE272.35%
Payout ratio-1.66%
Current ratio0.56
Quick ratio0.55
Cash Ratio0.01

Qingdao Zhongzi Zhongcheng Dividend FAQ

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