The9 Limited, together with its subsidiaries, operates as an Internet company in the People's Republic of China. It engages in the operation of cryptocurrency mining; and NFTSTAR, a NFT trading and community platform that provides users with purchase, trade, and interactive activities. The company was formerly known as GameNow.net Limited and changed its name to The9 Limited in February 2004. The9 Limited was incorporated in 1999 and is headquartered in Shanghai, the People's Republic of China.
The9 Dividend Announcement
• The9 announced a annually dividend of $1.11 per ordinary share which will be made payable on 2009-02-09. Ex dividend date: 2009-01-29
• The9's trailing twelve-month (TTM) dividend yield is -%
The9 Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2009-01-29 | $1.11 | annually | 2009-02-09 |
The9 Dividend per year
The9 Dividend Yield
The9 current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing The9 stock? Use our calculator to estimate your expected dividend yield:
The9 Financial Ratios
The9 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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