company-logo

Tongguan Gold Group Limited, an investment holding company, primarily engages in the exploration, mining, processing, and sale of gold and related products in the People's Republic of China. The company was formerly known as China Mining Resources Group Limited and changed its name to Tongguan Gold Group Limited in April 2018. Tongguan Gold Group Limited is headquartered in Admiralty, Hong Kong.

Tongguan Gold Dividend Announcement

Tongguan Gold does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Tongguan Gold dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Tongguan Gold Dividend History

Tongguan Gold Dividend Yield

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

Tongguan Gold Financial Ratios

P/E ratio14.77
PEG ratio0.60
P/B ratio0.80
ROE5.49%
Payout ratio0.00%
Current ratio0.36
Quick ratio0.23
Cash Ratio0.16

Tongguan Gold Dividend FAQ

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