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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 -11.92%

Sichuan Xinjinlu Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-06-15¥0.04annually2018-06-15
2008-08-01¥0.05annually
2007-07-10¥0.04annually
2005-06-09¥0.05annually
2003-06-05¥0.02annually

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

P/E ratio-12.36
PEG ratio-2.85
P/B ratio1.80
ROE-14.01%
Payout ratio-11.92%
Current ratio0.85
Quick ratio0.49
Cash Ratio0.26

Sichuan Xinjinlu Dividend FAQ

Does Sichuan Xinjinlu stock pay dividends?
Sichuan Xinjinlu does not currently pay dividends to its shareholders.
Has Sichuan Xinjinlu ever paid a dividend?
No, Sichuan Xinjinlu has no a history of paying dividends to its shareholders. Sichuan Xinjinlu is not known for its dividend payments.
Why doesn't Sichuan Xinjinlu pay dividends?
There are several potential reasons why Sichuan Xinjinlu 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.
Will Sichuan Xinjinlu 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 Xinjinlu 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 Xinjinlu a dividend aristocrat?
Sichuan Xinjinlu 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 Xinjinlu a dividend king?
Sichuan Xinjinlu 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 Xinjinlu a dividend stock?
No, Sichuan Xinjinlu 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 Xinjinlu stocks?
To buy Sichuan Xinjinlu 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 Xinjinlu 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.