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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 dateDividend amountDividend typePay date
2024-08-23¥0.06annually2024-08-23
2018-06-15¥0.04annually2018-06-15
2017-08-25¥0.01annually2017-08-25
2015-07-14¥0.01annually
2013-07-18¥0.05annually

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

P/E ratio-28.87
PEG ratio-7.24
P/B ratio0.57
ROE-1.92%
Payout ratio-58.26%
Current ratio11.03
Quick ratio10.20
Cash Ratio2.34

Shanghai Lonyer Fuels Dividend FAQ

Does Shanghai Lonyer Fuels stock pay dividends?
Shanghai Lonyer Fuels does not currently pay dividends to its shareholders.
Has Shanghai Lonyer Fuels ever paid a dividend?
No, Shanghai Lonyer Fuels has no a history of paying dividends to its shareholders. Shanghai Lonyer Fuels is not known for its dividend payments.
Why doesn't Shanghai Lonyer Fuels pay dividends?
There are several potential reasons why Shanghai Lonyer Fuels 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.
Will Shanghai Lonyer Fuels 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 Shanghai Lonyer Fuels 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 Shanghai Lonyer Fuels a dividend aristocrat?
Shanghai Lonyer Fuels 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 Shanghai Lonyer Fuels a dividend king?
Shanghai Lonyer Fuels 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 Shanghai Lonyer Fuels a dividend stock?
No, Shanghai Lonyer Fuels 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 Shanghai Lonyer Fuels stocks?
To buy Shanghai Lonyer Fuels 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 Shanghai Lonyer Fuels 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.