company-logo

Shanxi Installation Group Co., Ltd. offers specialized industrial construction, specialized auxiliary construction, and non-construction services. It offers design and consulting, investment and construction, building construction, and operation and maintenance services. The company undertakes various projects in the electromechanical, chemical, metallurgy, power, municipal, housing construction, and other industries. It operates in the People's Republic of China, Australia, and Indonesia. The company was formerly known as Shanxi Industrial Equipment Installation Company and changed its name to Shanxi Installation Group Co., Ltd. in 2021. Shanxi Installation Group Co., Ltd. was founded in 1952 and is based in Shanxian, the People's Republic of China. Shanxi Installation Group Co., Ltd. operates as a subsidiary of Shanxi Construction Investment Group Co., Ltd.

Shanxi Installation Grp Co Dividend Announcement

Shanxi Installation Grp Co announced a annually dividend of HK$0.00 per ordinary share which will be made payable on 2024-06-25. Ex dividend date: 2024-05-24
Shanxi Installation Grp Co annual dividend for 2024 was HK$0.00
Shanxi Installation Grp Co's trailing twelve-month (TTM) dividend yield is 0.15%
Shanxi Installation Grp Co's payout ratio for the trailing twelve months (TTM) is 94.42%

Shanxi Installation Grp Co Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-24HK$0.00annually2024-06-25

Shanxi Installation Grp Co Dividend per year

Shanxi Installation Grp Co Dividend Yield

Shanxi Installation Grp Co current trailing twelve-month (TTM) dividend yield is 0.15%. Interested in purchasing Shanxi Installation Grp Co stock? Use our calculator to estimate your expected dividend yield:

Shanxi Installation Grp Co Financial Ratios

P/E ratio12.14
PEG ratio0.12
P/B ratio0.94
ROE7.92%
Payout ratio94.42%
Current ratio1.01
Quick ratio0.99
Cash Ratio0.16

Shanxi Installation Grp Co Dividend FAQ

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