Rightway Holdings Co.,ltd. manufactures and sells wood-based panels and fiberboards in China and internationally. The company also engages in equity investment, and mergers and acquisitions activities; trading grains, chemicals, and board woods; import and export agency business; international freight forwarding business; and manufacturing sheet metal products. In addition, it is involved in general contracting, curtain wall engineering, municipal public works, highway subgrade engineering, highway pavement engineering, steel structure engineering, construction decoration, and decoration engineering activities. Further, it operates a hotel. The company is headquartered in Chengdu, China.
Rightway Dividend Announcement
• Rightway announced a annually dividend of ¥0.01 per ordinary share which will be made payable on 2020-07-06. Ex dividend date: 2020-07-06
• Rightway's trailing twelve-month (TTM) dividend yield is -%
• Rightway's payout ratio for the trailing twelve months (TTM) is -154.16%
Rightway Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-07-06 | ¥0.01 | annually | 2020-07-06 |
2015-08-13 | ¥0.01 | annually | |
2014-06-16 | ¥0.02 | annually | |
2013-07-05 | ¥0.02 | annually | |
2011-04-26 | ¥0.07 | annually | |
2010-07-08 | ¥0.05 | annually | |
2009-07-14 | ¥0.06 | annually | |
2008-07-16 | ¥0.10 | annually | |
2007-07-03 | ¥0.35 | annually | |
2004-06-22 | ¥0.03 | annually | |
2003-06-19 | ¥0.12 | annually | |
2002-06-12 | ¥0.10 | annually |
Rightway Dividend per year
Rightway Dividend growth
Rightway Dividend Yield
Rightway current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Rightway stock? Use our calculator to estimate your expected dividend yield:
Rightway Financial Ratios
Rightway 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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