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Tangshan Jidong Equipment Engineering Co.,Ltd., together with its subsidiaries, engages in the manufacture and sale of machinery and equipment, and spare parts for cement industry in China. It is also involved in the civil construction and installation, and maintenance engineering activities; and provision of electrical equipment and spare parts. The company was founded in 1998 and is based in Tangshan, China.

Tangshan Jidong Equipment and Engineering Dividend Announcement

• Tangshan Jidong Equipment and Engineering announced a annually dividend of ¥0.15 per ordinary share which will be made payable on . Ex dividend date: 2001-07-17
• Tangshan Jidong Equipment and Engineering's trailing twelve-month (TTM) dividend yield is -%
• Tangshan Jidong Equipment and Engineering's payout ratio for the trailing twelve months (TTM) is 27.39%

Tangshan Jidong Equipment and Engineering Dividend History

Ex-Div dateDividend amountDividend typePay date
2001-07-17¥0.15annually
2000-05-15¥0.10annually

Tangshan Jidong Equipment and Engineering Dividend per year

Tangshan Jidong Equipment and Engineering Dividend Yield

Tangshan Jidong Equipment and Engineering current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tangshan Jidong Equipment and Engineering stock? Use our calculator to estimate your expected dividend yield:

Tangshan Jidong Equipment and Engineering Financial Ratios

P/E ratio77.70
PEG ratio-0.09
P/B ratio4.26
ROE5.48%
Payout ratio27.39%
Current ratio1.06
Quick ratio0.92
Cash Ratio0.07

Tangshan Jidong Equipment and Engineering Dividend FAQ

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