company-logo

Qinghai Jinrui Mineral Development Co., Ltd produces and sells strontium salt series products. It is involved in the production and sales of strontium salt series products; and industrial grade and electronic grade strontium carbonate, metal strontium, aluminum strontium alloy, strontium nitrate, strontium hydroxide and by-products, sulfur, and sodium sulfite. The company also provides strontium salt, strontium hydroxide, strontium sulfate, compound, and sodium sulfate. Its products are used in electronics, metallurgy, chemical, aviation, automotive and other industrial fields, automobile and motorcycle industries, aviation, new energy, etc. The company was formerly known as Mountains in Qinghai Ferroalloy Co., Ltd and changed its name to Qinghai Jinrui Mineral Development Co., Ltd. Qinghai Jinrui Mineral Development Co., Ltd was incorporated in 1996 and is headquartered in Xining, China.

Qinghai Jinrui Mineral Development Dividend Announcement

Qinghai Jinrui Mineral Development announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-11-13. Ex dividend date: 2024-11-13
Qinghai Jinrui Mineral Development annual dividend for 2024 was ¥0.10
Qinghai Jinrui Mineral Development 's trailing twelve-month (TTM) dividend yield is 1.01%

Qinghai Jinrui Mineral Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-13¥0.10annually2024-11-13
2022-10-26¥0.10annually2022-10-26
2001-05-28¥0.05annually

Qinghai Jinrui Mineral Development Dividend per year

Qinghai Jinrui Mineral Development Dividend Yield

Qinghai Jinrui Mineral Development current trailing twelve-month (TTM) dividend yield is 1.01%. Interested in purchasing Qinghai Jinrui Mineral Development stock? Use our calculator to estimate your expected dividend yield:

Qinghai Jinrui Mineral Development Financial Ratios

P/E ratio133.91
PEG ratio-1.19
P/B ratio3.82
ROE2.91%
Payout ratio0.00%
Current ratio9.37
Quick ratio8.55
Cash Ratio4.98

Qinghai Jinrui Mineral Development Dividend FAQ

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