Tieling Newcity Investment Holding (Group) Limited engages in urban infrastructure construction activities in China. It is also involved in land development, water supply, sewage treatment, taxi operation, and advertising media businesses. The company was founded in 2006 and is based in Tieling, China.
Tieling Newcity Investment Dividend Announcement
• Tieling Newcity Investment announced a annually dividend of ¥0.10 per ordinary share which will be made payable on . Ex dividend date: 2015-10-20
• Tieling Newcity Investment's trailing twelve-month (TTM) dividend yield is -%
• Tieling Newcity Investment's payout ratio for the trailing twelve months (TTM) is -55.73%
Tieling Newcity Investment Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2015-10-20 | ¥0.10 | annually | |
| 2001-08-23 | ¥0.10 | annually |
Tieling Newcity Investment Dividend per year
Tieling Newcity Investment Dividend Yield
Tieling Newcity Investment current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tieling Newcity Investment stock? Use our calculator to estimate your expected dividend yield:
Tieling Newcity Investment Financial Ratios
P/E ratio-25.13
PEG ratio0.11
P/B ratio0.92
ROE-3.61%
Payout ratio-55.73%
Current ratio7.60
Quick ratio1.07
Cash Ratio0.81
Tieling Newcity Investment Dividend FAQ
Does Tieling Newcity Investment stock pay dividends?
Tieling Newcity Investment does not currently pay dividends to its shareholders.
Has Tieling Newcity Investment ever paid a dividend?
No, Tieling Newcity Investment has no a history of paying dividends to its shareholders. Tieling Newcity Investment is not known for its dividend payments.
Why doesn't Tieling Newcity Investment pay dividends?
There are several potential reasons why Tieling Newcity Investment 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 Tieling Newcity Investment 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 Tieling Newcity Investment 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 Tieling Newcity Investment a dividend aristocrat?
Tieling Newcity Investment 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 Tieling Newcity Investment a dividend king?
Tieling Newcity Investment 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 Tieling Newcity Investment a dividend stock?
No, Tieling Newcity Investment 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 Tieling Newcity Investment stocks?
To buy Tieling Newcity Investment 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 Tieling Newcity Investment 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 Tieling Newcity Investment 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.