Sichuan Golden Summit (group) Joint-Stock Co., Ltd. engages in mining, processing, and sale of limestone in China. It is also involved in the production and sale of calcium carbonate composite materials; and sale of building materials. The company founded in 1992 and is based in Leshan, China.
Sichuan Golden Summit Joint-Stock Dividend Announcement
• Sichuan Golden Summit Joint-Stock announced a annually dividend of ¥0.03 per ordinary share which will be made payable on . Ex dividend date: 2007-09-21
• Sichuan Golden Summit Joint-Stock's trailing twelve-month (TTM) dividend yield is -%
• Sichuan Golden Summit Joint-Stock's payout ratio for the trailing twelve months (TTM) is -33.26%
Sichuan Golden Summit Joint-Stock Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2007-09-21 | ¥0.03 | annually | |
| 1999-07-09 | ¥0.03 | annually | |
| 1997-07-14 | ¥0.10 | annually | |
| 1995-07-31 | ¥0.25 | annually | |
| 1994-08-22 | ¥0.30 | annually |
Sichuan Golden Summit Joint-Stock Dividend per year
Sichuan Golden Summit Joint-Stock Dividend Yield
Sichuan Golden Summit Joint-Stock current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sichuan Golden Summit Joint-Stock stock? Use our calculator to estimate your expected dividend yield:
Sichuan Golden Summit Joint-Stock Financial Ratios
P/E ratio-33.88
PEG ratio-7.07
P/B ratio9.34
ROE-26.48%
Payout ratio-33.26%
Current ratio0.40
Quick ratio0.40
Cash Ratio0.16
Sichuan Golden Summit Joint-Stock Dividend FAQ
Does Sichuan Golden Summit Joint-Stock stock pay dividends?
Sichuan Golden Summit Joint-Stock does not currently pay dividends to its shareholders.
Has Sichuan Golden Summit Joint-Stock ever paid a dividend?
No, Sichuan Golden Summit Joint-Stock has no a history of paying dividends to its shareholders. Sichuan Golden Summit Joint-Stock is not known for its dividend payments.
Why doesn't Sichuan Golden Summit Joint-Stock pay dividends?
There are several potential reasons why Sichuan Golden Summit Joint-Stock 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.
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 Sichuan Golden Summit Joint-Stock 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 Sichuan Golden Summit Joint-Stock 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 Sichuan Golden Summit Joint-Stock a dividend aristocrat?
Sichuan Golden Summit Joint-Stock 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 Sichuan Golden Summit Joint-Stock a dividend king?
Sichuan Golden Summit Joint-Stock 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 Sichuan Golden Summit Joint-Stock a dividend stock?
No, Sichuan Golden Summit Joint-Stock 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 Sichuan Golden Summit Joint-Stock stocks?
To buy Sichuan Golden Summit Joint-Stock 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 Sichuan Golden Summit Joint-Stock 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.
Place an order: Use the brokerage's trading platform to place an order to buy Sichuan Golden Summit Joint-Stock 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.