Tianjin Jinbin Development Co., Ltd. engages in the real estate development business in China. It develops industrial parks, and commercial and mid-to-high-end residential real estate properties. The company was founded in 1998 and is based in Tianjin, China.
Tianjin Jinbin Development Dividend Announcement
• Tianjin Jinbin Development announced a annually dividend of ¥0.02 per ordinary share which will be made payable on . Ex dividend date: 2011-06-17
• Tianjin Jinbin Development's trailing twelve-month (TTM) dividend yield is -%
• Tianjin Jinbin Development's payout ratio for the trailing twelve months (TTM) is 0.27%
Tianjin Jinbin Development Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2011-06-17 | ¥0.02 | annually | |
| 2010-05-27 | ¥0.01 | annually | |
| 2009-06-10 | ¥0.01 | annually | |
| 2008-05-21 | ¥0.02 | annually | |
| 2007-04-12 | ¥0.03 | annually | |
| 2006-05-29 | ¥0.01 | annually | |
| 2005-04-22 | ¥0.01 | annually | |
| 2004-04-30 | ¥0.04 | annually | |
| 2003-07-10 | ¥0.09 | annually | |
| 2002-06-04 | ¥0.05 | annually | |
| 2001-06-06 | ¥0.07 | annually | |
| 2000-11-10 | ¥0.08 | annually |
Tianjin Jinbin Development Dividend per year
Tianjin Jinbin Development Dividend growth
Tianjin Jinbin Development Dividend Yield
Tianjin Jinbin Development current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tianjin Jinbin Development stock? Use our calculator to estimate your expected dividend yield:
Tianjin Jinbin Development Financial Ratios
P/E ratio10.16
PEG ratio-0.13
P/B ratio1.32
ROE13.69%
Payout ratio0.27%
Current ratio2.11
Quick ratio0.66
Cash Ratio0.53
Tianjin Jinbin Development Dividend FAQ
Does Tianjin Jinbin Development stock pay dividends?
Tianjin Jinbin Development does not currently pay dividends to its shareholders.
Has Tianjin Jinbin Development ever paid a dividend?
No, Tianjin Jinbin Development has no a history of paying dividends to its shareholders. Tianjin Jinbin Development is not known for its dividend payments.
Why doesn't Tianjin Jinbin Development pay dividends?
There are several potential reasons why Tianjin Jinbin 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.
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 Jinbin 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 Jinbin 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 Jinbin Development a dividend aristocrat?
Tianjin Jinbin 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 Jinbin Development a dividend king?
Tianjin Jinbin 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 Jinbin Development a dividend stock?
No, Tianjin Jinbin 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 Jinbin Development stocks?
To buy Tianjin Jinbin 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 Jinbin 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.
Place an order: Use the brokerage's trading platform to place an order to buy Tianjin Jinbin 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.