Shandong Oriental Ocean Sci-Tech Co., Ltd., together with its subsidiaries, engages in the sea-farming, food processing, real estate development, and hotel tourism businesses. The company is involved in the breeding and cultivation of sea cucumbers, shellfishes, kelp seedling, and precious marine products; proliferation of sea cucumber; and holothurian culture, fish cultivation, species improvement, and fish raising activities. It also engages in aquatic product processing trade and bonded logistics; refrigeration and processing; and aquatic product bonded warehouse activities. In addition, the company provides property management services. It has operations in China and internationally. Shandong Oriental Ocean Sci-Tech Co., Ltd. was founded in 2001 and is based in Yantai, China.
Shandong Oriental Ocean Sci-Tech Dividend Announcement
• Shandong Oriental Ocean Sci-Tech announced a annually dividend of ¥0.11 per ordinary share which will be made payable on . Ex dividend date: 2016-06-01
• Shandong Oriental Ocean Sci-Tech's trailing twelve-month (TTM) dividend yield is -%
• Shandong Oriental Ocean Sci-Tech's payout ratio for the trailing twelve months (TTM) is 0.16%
Shandong Oriental Ocean Sci-Tech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2016-06-01 | ¥0.11 | annually | |
2012-06-27 | ¥0.20 | annually | |
2007-07-18 | ¥0.10 | annually |
Shandong Oriental Ocean Sci-Tech Dividend per year
Shandong Oriental Ocean Sci-Tech Dividend Yield
Shandong Oriental Ocean Sci-Tech current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shandong Oriental Ocean Sci-Tech stock? Use our calculator to estimate your expected dividend yield:
Shandong Oriental Ocean Sci-Tech Financial Ratios
Shandong Oriental Ocean Sci-Tech 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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