Tianjin Songjiang Co., Ltd. develops and sells real estate properties in China. The company provides residential real estate, including high-rise buildings, multi-storey houses, and villas; and commercial real estate, including shops, office buildings, and apartments. The company was founded in 1992 and is based in Tianjin, China.
Tianjin Songjiang Dividend Announcement
• Tianjin Songjiang announced a annually dividend of ¥0.05 per ordinary share which will be made payable on . Ex dividend date: 2001-06-20
• Tianjin Songjiang's trailing twelve-month (TTM) dividend yield is -%
• Tianjin Songjiang's payout ratio for the trailing twelve months (TTM) is -32.74%
Tianjin Songjiang Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2001-06-20 | ¥0.05 | annually |
Tianjin Songjiang Dividend per year
Tianjin Songjiang Dividend Yield
Tianjin Songjiang current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tianjin Songjiang stock? Use our calculator to estimate your expected dividend yield:
Tianjin Songjiang Financial Ratios
P/E ratio-24.63
PEG ratio0.45
P/B ratio5.91
ROE-21.60%
Payout ratio-32.74%
Current ratio0.76
Quick ratio0.34
Cash Ratio0.01
Tianjin Songjiang Dividend FAQ
Does Tianjin Songjiang stock pay dividends?
Tianjin Songjiang does not currently pay dividends to its shareholders.
Has Tianjin Songjiang ever paid a dividend?
No, Tianjin Songjiang has no a history of paying dividends to its shareholders. Tianjin Songjiang is not known for its dividend payments.
Why doesn't Tianjin Songjiang pay dividends?
There are several potential reasons why Tianjin Songjiang 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 Songjiang 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 Songjiang 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 Songjiang a dividend aristocrat?
Tianjin Songjiang 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 Songjiang a dividend king?
Tianjin Songjiang 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 Songjiang a dividend stock?
No, Tianjin Songjiang 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 Songjiang stocks?
To buy Tianjin Songjiang 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 Songjiang 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 Songjiang 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.