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Tianjin Jieqiang Power Equipment Co.,Ltd. engages in the research and development, production, sale, and technical servicing of nuclear, biological, and chemical safety equipment for the military industry. The company offers reconnaissance, protective, and decontamination equipment. Its products are used in the military, environmental protection, health and health commissions, medical care, safety supervision, customs, nuclear industry upstream and downstream systems, scientific research institutes, and other fields; and in military equipment, nuclear emergency rescue, law enforcement monitoring, people's livelihood measurement, nuclear radiation technology utilization, military logistics support, and other application scenarios. The company was founded in 2005 and is based in Tianjin, China.

Tianjin Jieqiang Power Equipment Dividend Announcement

• Tianjin Jieqiang Power Equipment announced a annually dividend of ¥0.39 per ordinary share which will be made payable on 2022-05-27. Ex dividend date: 2022-05-27
• Tianjin Jieqiang Power Equipment's trailing twelve-month (TTM) dividend yield is -%
• Tianjin Jieqiang Power Equipment's payout ratio for the trailing twelve months (TTM) is -0.30%

Tianjin Jieqiang Power Equipment Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-05-27¥0.39annually2022-05-27
2021-06-02¥0.30annually2021-06-02

Tianjin Jieqiang Power Equipment Dividend per year

Tianjin Jieqiang Power Equipment Dividend Yield

Tianjin Jieqiang Power Equipment current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tianjin Jieqiang Power Equipment stock? Use our calculator to estimate your expected dividend yield:

Tianjin Jieqiang Power Equipment Financial Ratios

P/E ratio-56.22
PEG ratio1.78
P/B ratio2.72
ROE-4.78%
Payout ratio-0.30%
Current ratio4.78
Quick ratio3.41
Cash Ratio0.94

Tianjin Jieqiang Power Equipment Dividend FAQ

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