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Tianjin Jinran Public Utilities Company Limited engages in the operation and management of gas pipeline infrastructure, and the sale and distribution of piped gas to industrial, enterprise, and residential users in Mainland China. It operates through five segments: Sales of Piped Gas; Gas Connection; Gas Transportation; Sales of Gas Appliances and Others; and Gas Pipelines Rent. The company also provides piped gas connection services in Tianjin City and Jining, Inner Mongolia; leases pipelines, gas station facilities, and self-owned buildings; transports gas; and sells and installs gas appliances. In addition, it engages in the mining investment activities. The company was formerly known as Tianjin Tianlian Public Utilities Company Limited and changed its name to Tianjin Jinran Public Utilities Company Limited in June 2012. The company is headquartered in Tianjin, the People's Republic of China. Tianjin Jinran Public Utilities Company Limited is a subsidiary of Tianjin Gas Group Company Limited.

Tianjin Jinran Public Utilities Dividend Announcement

• Tianjin Jinran Public Utilities announced a annually dividend of HK$0.06 per ordinary share which will be made payable on 2021-09-10. Ex dividend date: 2021-06-30
• Tianjin Jinran Public Utilities's trailing twelve-month (TTM) dividend yield is -%

Tianjin Jinran Public Utilities Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-06-30HK$0.06annually2021-09-10
2018-06-28HK$0.02annually2018-09-07
2013-06-18HK$0.02annually2013-07-31
2009-05-21HK$0.01annually2009-07-31

Tianjin Jinran Public Utilities Dividend per year

Tianjin Jinran Public Utilities Dividend Yield

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

Tianjin Jinran Public Utilities Financial Ratios

P/E ratio-2.22
PEG ratio-0.10
P/B ratio0.24
ROE-10.67%
Payout ratio0.00%
Current ratio2.07
Quick ratio2.06
Cash Ratio0.88

Tianjin Jinran Public Utilities Dividend FAQ

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