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Tianjin Binhai Energy & Development Co.,Ltd produces and sells steam, electricity, and related products in China. The company's products are used in heating, non-electric air-conditioning refrigeration, equipment and process heating, disinfection, air purification, automotive, electronics, pharmaceutical, food, chemical, and other industries. The company was formerly known as Tianjin Lighthouse Paint and Coatings Co., Ltd. Tianjin Binhai Energy & Development Co.,Ltd is based in Tianjin, China.

Tianjin Binhai Energy & Development Dividend Announcement

Tianjin Binhai Energy & Development announced a annually dividend of ¥0.02 per ordinary share which will be made payable on . Ex dividend date: 2009-07-28
Tianjin Binhai Energy & Development's trailing twelve-month (TTM) dividend yield is -%
Tianjin Binhai Energy & Development's payout ratio for the trailing twelve months (TTM) is -40.95%

Tianjin Binhai Energy & Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2009-07-28¥0.02annually
2008-07-09¥0.02annually
2007-07-24¥0.08annually
2006-06-09¥0.06annually
1998-07-17¥0.16annually

Tianjin Binhai Energy & Development Dividend per year

Tianjin Binhai Energy & Development Dividend growth

Tianjin Binhai Energy & Development Dividend Yield

Tianjin Binhai Energy & Development current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tianjin Binhai Energy & Development stock? Use our calculator to estimate your expected dividend yield:

Tianjin Binhai Energy & Development Financial Ratios

P/E ratio-366.14
PEG ratio2.42
P/B ratio11.75
ROE-3.24%
Payout ratio-40.95%
Current ratio0.55
Quick ratio0.32
Cash Ratio0.02

Tianjin Binhai Energy & Development Dividend FAQ

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