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 95.16%
Shanxi Installation Grp Co Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-24 | HK$0.00 | annually | 2024-06-25 |
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
Shanxi Installation Grp Co 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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