Shandong Xinneng Taishan Power Generation Co.,Ltd. engages in the industrial park development business in China. It is also involved in the integrated asset operation and bulk commodity supply chain. The company was founded in 1994 and is based in Tai'an, China.
Shandong Xinneng Taishan Power Generation Dividend Announcement
• Shandong Xinneng Taishan Power Generation announced a semi annually dividend of ¥0.05 per ordinary share which will be made payable on . Ex dividend date: 2004-06-11
• Shandong Xinneng Taishan Power Generation's trailing twelve-month (TTM) dividend yield is -%
• Shandong Xinneng Taishan Power Generation's payout ratio for the trailing twelve months (TTM) is -104.76%
Shandong Xinneng Taishan Power Generation Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2004-06-11 | ¥0.05 | semi annually | |
| 2002-10-16 | ¥0.07 | semi annually | |
| 2002-08-09 | ¥0.09 | semi annually | |
| 2001-06-18 | ¥0.09 | semi annually | |
| 1998-07-14 | ¥0.19 | semi annually |
Shandong Xinneng Taishan Power Generation Dividend per year
Shandong Xinneng Taishan Power Generation Dividend Yield
Shandong Xinneng Taishan Power Generation current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shandong Xinneng Taishan Power Generation stock? Use our calculator to estimate your expected dividend yield:
Shandong Xinneng Taishan Power Generation Financial Ratios
P/E ratio-80.57
PEG ratio0.81
P/B ratio1.93
ROE-2.38%
Payout ratio-104.76%
Current ratio2.09
Quick ratio0.74
Cash Ratio0.06
Shandong Xinneng Taishan Power Generation Dividend FAQ
Does Shandong Xinneng Taishan Power Generation stock pay dividends?
Shandong Xinneng Taishan Power Generation does not currently pay dividends to its shareholders.
Has Shandong Xinneng Taishan Power Generation ever paid a dividend?
No, Shandong Xinneng Taishan Power Generation has no a history of paying dividends to its shareholders. Shandong Xinneng Taishan Power Generation is not known for its dividend payments.
Why doesn't Shandong Xinneng Taishan Power Generation pay dividends?
There are several potential reasons why Shandong Xinneng Taishan Power Generation 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 Shandong Xinneng Taishan Power Generation 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 Shandong Xinneng Taishan Power Generation 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 Shandong Xinneng Taishan Power Generation a dividend aristocrat?
Shandong Xinneng Taishan Power Generation 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 Shandong Xinneng Taishan Power Generation a dividend king?
Shandong Xinneng Taishan Power Generation 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 Shandong Xinneng Taishan Power Generation a dividend stock?
No, Shandong Xinneng Taishan Power Generation 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 Shandong Xinneng Taishan Power Generation stocks?
To buy Shandong Xinneng Taishan Power Generation 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 Shandong Xinneng Taishan Power Generation 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 Shandong Xinneng Taishan Power Generation 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.