Shanxi Road & Bridge Co.,Ltd. manufactures and sells organic chemical products primarily in the People's Republic of China. Its products include VAE and white emulsions; re-dispersible emulsion powders; sodium diacetate; gamma butyrolactone; poly tetra methylene glycol; tetrahydrofuran; 1,4-butanediol; polyvinyl alcohol; and binder, benzene, coke, and maleic anhydride products. The company serves textile, building and construction, wood process, pharmaceutical, food, tannery, paint coats, and agriculture industries. It also exports its products to approximately 100 countries worldwide. The company was formerly known as Shanxi Sanwei Group Co.,Ltd. Shanxi Road & Bridge Co.,Ltd. was founded in 1970 and is headquartered in Linfen, the People's Republic of China.
Shanxi Road & Bridge Dividend Announcement
• Shanxi Road & Bridge announced a annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-07-24. Ex dividend date: 2024-07-24
• Shanxi Road & Bridge annual dividend for 2024 was ¥0.04
• Shanxi Road & Bridge's trailing twelve-month (TTM) dividend yield is 0.91%
• Shanxi Road & Bridge's payout ratio for the trailing twelve months (TTM) is 64.70%
Shanxi Road & Bridge Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-24 | ¥0.04 | annually | 2024-07-24 |
2008-04-21 | ¥0.12 | annually | |
2007-04-24 | ¥0.12 | annually | |
2003-04-08 | ¥0.10 | annually | |
2002-05-31 | ¥0.10 | annually | |
2001-05-18 | ¥0.12 | annually |
Shanxi Road & Bridge Dividend per year
Shanxi Road & Bridge Dividend growth
Shanxi Road & Bridge Dividend Yield
Shanxi Road & Bridge current trailing twelve-month (TTM) dividend yield is 0.91%. Interested in purchasing Shanxi Road & Bridge stock? Use our calculator to estimate your expected dividend yield:
Shanxi Road & Bridge Financial Ratios
Shanxi Road & Bridge 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.
Place an order: Use the brokerage's trading platform to place an order to buy Shanxi Road & Bridge 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.