Shanghai Lonyer Fuels Co., Ltd. trades in oil products in China. The company has an oil storage base with a total capacity of approximately 70,000 cubic meters, as well as supporting coastal wharves. It also engages in the petrochemical trading, water transportation, and water refueling businesses; and provision of cloud data infrastructure services. The company was founded in 1997 and is based in Shanghai, China.
Shanghai Lonyer Fuels Dividend Announcement
• Shanghai Lonyer Fuels announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-08-23
• Shanghai Lonyer Fuels annual dividend for 2024 was ¥0.06
• Shanghai Lonyer Fuels's trailing twelve-month (TTM) dividend yield is 1.11%
• Shanghai Lonyer Fuels's payout ratio for the trailing twelve months (TTM) is -58.26%
Shanghai Lonyer Fuels Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-23 | ¥0.06 | annually | 2024-08-23 |
2018-06-15 | ¥0.04 | annually | 2018-06-15 |
2017-08-25 | ¥0.01 | annually | 2017-08-25 |
2015-07-14 | ¥0.01 | annually | |
2013-07-18 | ¥0.05 | annually |
Shanghai Lonyer Fuels Dividend per year
Shanghai Lonyer Fuels Dividend Yield
Shanghai Lonyer Fuels current trailing twelve-month (TTM) dividend yield is 1.11%. Interested in purchasing Shanghai Lonyer Fuels stock? Use our calculator to estimate your expected dividend yield:
Shanghai Lonyer Fuels Financial Ratios
Shanghai Lonyer Fuels 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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