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Tonghua Grape Wine Co., Ltd. manufactures and sells fruit juice and wine in China. The company offers various categories of wines, such as dry wine, ice wine, sweet wine, and grape spirits under the Hongmei, Tonghua, Yashizun, and Tianchi brands. It also sells its products through e-commerce platforms. The company was founded in 1937 and is based in Tonghua, the People's Republic of China.

Tonghua Grape Wine Dividend Announcement

• Tonghua Grape Wine announced a annually dividend of ¥0.10 per ordinary share which will be made payable on . Ex dividend date: 2003-07-08
• Tonghua Grape Wine's trailing twelve-month (TTM) dividend yield is -%
• Tonghua Grape Wine's payout ratio for the trailing twelve months (TTM) is -24.20%

Tonghua Grape Wine Dividend History

Ex-Div dateDividend amountDividend typePay date
2003-07-08¥0.10annually

Tonghua Grape Wine Dividend per year

Tonghua Grape Wine Dividend Yield

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

Tonghua Grape Wine Financial Ratios

P/E ratio-40.10
PEG ratio-2.05
P/B ratio3.95
ROE-9.40%
Payout ratio-24.20%
Current ratio1.30
Quick ratio0.78
Cash Ratio0.03

Tonghua Grape Wine Dividend FAQ

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