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Tibet Tourism Co.,Ltd provides tourism services in China. The company engages in the operation of recreational tourism destinations and media culture; and development and operation of natural and cultural tourist attractions, health and wellness complex projects, and short-distance passenger transport services. It also operates scenic spots, including the Yarlung Zangbo Grand Canyon, Benri, Basongcuo, and Lulang Huahai Ranch scenic spots; and provides tourist transport, tourist attractions development and utilization, opera art performance, National artwork exhibition and sale, network and computer information, travel, recuperation, and business services. The company was founded in 1996 and is headquartered in Lhasa, China.

Tibet Tourism Dividend Announcement

• Tibet Tourism announced a annually dividend of ¥0.03 per ordinary share which will be made payable on . Ex dividend date: 2013-07-29
• Tibet Tourism's trailing twelve-month (TTM) dividend yield is -%
• Tibet Tourism's payout ratio for the trailing twelve months (TTM) is 102.80%

Tibet Tourism Dividend History

Ex-Div dateDividend amountDividend typePay date
2013-07-29¥0.03annually

Tibet Tourism Dividend per year

Tibet Tourism Dividend Yield

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

Tibet Tourism Financial Ratios

P/E ratio268.66
PEG ratio8.98
P/B ratio2.56
ROE0.98%
Payout ratio102.80%
Current ratio2.90
Quick ratio2.86
Cash Ratio1.74

Tibet Tourism Dividend FAQ

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