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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-13 | ¥0.10 | annually | 2024-11-13 |
2022-10-26 | ¥0.10 | annually | 2022-10-26 |
2001-05-28 | ¥0.05 | annually |
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
Qinghai Jinrui Mineral Development 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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