Sichuan Shengda Forestry Industry Co., Ltd engages in the exploration, development, and production of liquefied natural gas (LNG) in China. It is also involved in the pipeline transmission and distribution of gas; operation of gas stations; and LNG logistics transportation services. The company was founded in 1995 and is based in Chengdu, China.
Sichuan Shengda Forestry Industry Dividend Announcement
• Sichuan Shengda Forestry Industry announced a annually dividend of ¥0.01 per ordinary share which will be made payable on 2017-06-26. Ex dividend date: 2017-06-26
• Sichuan Shengda Forestry Industry 's trailing twelve-month (TTM) dividend yield is -%
• Sichuan Shengda Forestry Industry 's payout ratio for the trailing twelve months (TTM) is -81.42%
Sichuan Shengda Forestry Industry Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2017-06-26 | ¥0.01 | annually | 2017-06-26 |
| 2014-06-30 | ¥0.01 | annually | |
| 2011-06-10 | ¥0.05 | annually | |
| 2010-06-25 | ¥0.05 | annually | |
| 2009-05-15 | ¥0.07 | annually |
Sichuan Shengda Forestry Industry Dividend per year
Sichuan Shengda Forestry Industry Dividend growth
Sichuan Shengda Forestry Industry Dividend Yield
Sichuan Shengda Forestry Industry current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sichuan Shengda Forestry Industry stock? Use our calculator to estimate your expected dividend yield:
Sichuan Shengda Forestry Industry Financial Ratios
P/E ratio-41.89
PEG ratio-42.19
P/B ratio8.56
ROE-19.97%
Payout ratio-81.42%
Current ratio1.42
Quick ratio1.31
Cash Ratio1.16
Sichuan Shengda Forestry Industry Dividend FAQ
Does Sichuan Shengda Forestry Industry stock pay dividends?
Sichuan Shengda Forestry Industry does not currently pay dividends to its shareholders.
Has Sichuan Shengda Forestry Industry ever paid a dividend?
No, Sichuan Shengda Forestry Industry has no a history of paying dividends to its shareholders. Sichuan Shengda Forestry Industry is not known for its dividend payments.
Why doesn't Sichuan Shengda Forestry Industry pay dividends?
There are several potential reasons why Sichuan Shengda Forestry Industry 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 Shengda Forestry Industry 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 Shengda Forestry Industry 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 Shengda Forestry Industry a dividend aristocrat?
Sichuan Shengda Forestry Industry 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 Shengda Forestry Industry a dividend king?
Sichuan Shengda Forestry Industry 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 Shengda Forestry Industry a dividend stock?
No, Sichuan Shengda Forestry Industry 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 Shengda Forestry Industry stocks?
To buy Sichuan Shengda Forestry Industry 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 Shengda Forestry Industry 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 Shengda Forestry Industry 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.