Sichuan Xinjinlu Group Co., Ltd. produces and sells chlor-alkali chemicals and plastic products for industrial use in China. It primarily offers polyvinyl chloride (PVC) resin, caustic soda, industrial synthetic hydrochloric acid, industrial liquid chlorine, potassium hydroxide, sangla, special PVC resins, sodium hypochlorite, sodium hydroxide, calcium carbide, and interior leather and films, as well as warehousing, and other services. The company was formerly known as Sichuan Jinlu Group Co., Ltd. Sichuan Xinjinlu Group Co., Ltd. is based in Deyang, China.
Sichuan Xinjinlu Dividend Announcement
• Sichuan Xinjinlu announced a annually dividend of ¥0.04 per ordinary share which will be made payable on 2018-06-15. Ex dividend date: 2018-06-15
• Sichuan Xinjinlu's trailing twelve-month (TTM) dividend yield is -%
• Sichuan Xinjinlu's payout ratio for the trailing twelve months (TTM) is -15.23%
Sichuan Xinjinlu Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2018-06-15 | ¥0.04 | annually | 2018-06-15 |
2008-08-01 | ¥0.05 | annually | |
2007-07-10 | ¥0.04 | annually | |
2005-06-09 | ¥0.05 | annually | |
2003-06-05 | ¥0.02 | annually |
Sichuan Xinjinlu Dividend per year
Sichuan Xinjinlu Dividend Yield
Sichuan Xinjinlu current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sichuan Xinjinlu stock? Use our calculator to estimate your expected dividend yield:
Sichuan Xinjinlu Financial Ratios
Sichuan Xinjinlu 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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