Qinghai Salt Lake Industry Co.,Ltd develops, manufactures, and sells potash fertilizer and lithium salt in China. The company was founded in 1958 and is based in Golmud, China.
Qinghailt Lake Industry Dividend Announcement
• Qinghailt Lake Industry announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2017-06-19. Ex dividend date: 2017-06-19
• Qinghailt Lake Industry's trailing twelve-month (TTM) dividend yield is -%
• Qinghailt Lake Industry's payout ratio for the trailing twelve months (TTM) is 12.03%
Qinghailt Lake Industry Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2017-06-19 | ¥0.02 | annually | 2017-06-19 |
| 2016-07-15 | ¥0.03 | annually | |
| 2015-06-23 | ¥0.08 | annually | |
| 2014-07-02 | ¥0.07 | annually | |
| 2013-06-25 | ¥0.31 | annually | |
| 2012-06-25 | ¥0.16 | annually | |
| 2010-04-28 | ¥0.39 | annually | |
| 2009-06-26 | ¥1.63 | annually | |
| 2008-07-14 | ¥1.17 | annually | |
| 2007-07-12 | ¥0.86 | annually | |
| 2006-06-29 | ¥1.17 | annually | |
| 2006-05-29 | ¥0.49 | annually | |
| 2005-06-28 | ¥0.29 | annually |
Qinghailt Lake Industry Dividend per year
Qinghailt Lake Industry Dividend growth
Qinghailt Lake Industry Dividend Yield
Qinghailt Lake Industry current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Qinghailt Lake Industry stock? Use our calculator to estimate your expected dividend yield:
Qinghailt Lake Industry Financial Ratios
P/E ratio18.09
PEG ratio-1.92
P/B ratio2.81
ROE16.29%
Payout ratio12.03%
Current ratio3.56
Quick ratio3.41
Cash Ratio1.65
Qinghailt Lake Industry Dividend FAQ
Does Qinghailt Lake Industry stock pay dividends?
Qinghailt Lake Industry does not currently pay dividends to its shareholders.
Has Qinghailt Lake Industry ever paid a dividend?
No, Qinghailt Lake Industry has no a history of paying dividends to its shareholders. Qinghailt Lake Industry is not known for its dividend payments.
Why doesn't Qinghailt Lake Industry pay dividends?
There are several potential reasons why Qinghailt Lake Industry 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.
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 Qinghailt Lake Industry 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 Qinghailt Lake Industry 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 Qinghailt Lake Industry a dividend aristocrat?
Qinghailt Lake Industry 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 Qinghailt Lake Industry a dividend king?
Qinghailt Lake Industry 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 Qinghailt Lake Industry a dividend stock?
No, Qinghailt Lake Industry 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 Qinghailt Lake Industry stocks?
To buy Qinghailt Lake Industry 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 Qinghailt Lake Industry 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.
Place an order: Use the brokerage's trading platform to place an order to buy Qinghailt Lake Industry 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.