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Tian Jin Bohai Chemical Co.,Ltd., together with its subsidiaries, operates as a card manufacturing company in China. The company offers data cards, such as bank, public utility, bus, social security, access control, membership, transparent, laser, and special shaped cards; printed products, including invoices, financial bills, qualification certificates, aviation bills, books and magazines, and box packaging; and smart card application systems and supporting equipment comprising on-board machines, bus machines, second-generation card readers, and equipment supporting products and systems. It also provides acrylic and hydrogen products. The company was formerly known as Tianjin Global Magnetic Card Co., Ltd. and changed its name to Tian Jin Bohai Chemical Co.,Ltd. in February 2021. Tian Jin Bohai Chemical Co.,Ltd. is based in Tianjin, China.

Tian Jin Bohai Chemical Dividend Announcement

Tian Jin Bohai Chemical announced a annually dividend of ¥0.04 per ordinary share which will be made payable on . Ex dividend date: 2001-08-01
Tian Jin Bohai Chemical's trailing twelve-month (TTM) dividend yield is -%
Tian Jin Bohai Chemical's payout ratio for the trailing twelve months (TTM) is -7.77%

Tian Jin Bohai Chemical Dividend History

Ex-Div dateDividend amountDividend typePay date
2001-08-01¥0.04annually
1996-05-30¥0.24annually
1995-05-08¥0.19annually

Tian Jin Bohai Chemical Dividend per year

Tian Jin Bohai Chemical Dividend Yield

Tian Jin Bohai Chemical current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tian Jin Bohai Chemical stock? Use our calculator to estimate your expected dividend yield:

Tian Jin Bohai Chemical Financial Ratios

P/E ratio-7.99
PEG ratio-1.70
P/B ratio2.85
ROE-31.07%
Payout ratio-7.77%
Current ratio1.01
Quick ratio0.60
Cash Ratio0.44

Tian Jin Bohai Chemical Dividend FAQ

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