Wuhan Sante Cableway Group Co., Ltd. operates in the tourism industry in China. The company invests in, constructs, and operates approximately 20 sightseeing ropeway and scenic spots projects, including Huashan cableway in Shaanxi; Qiandao Lake cableway in Zhejiang; Fanjing Mountain scenic spot in Guizhou; and Monkey Island scenic spot in Hainan. It also operates a tourism complex. The company was founded in 1989 and is based in Wuhan, China.
Wuhannte Cableway Dividend Announcement
• Wuhannte Cableway announced a annually dividend of ¥0.22 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-07-12
• Wuhannte Cableway annual dividend for 2024 was ¥0.22
• Wuhannte Cableway's trailing twelve-month (TTM) dividend yield is 1.4%
• Wuhannte Cableway's payout ratio for the trailing twelve months (TTM) is 28.65%
Wuhannte Cableway Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-12 | ¥0.22 | annually | 2024-07-12 |
2014-04-18 | ¥0.05 | annually | |
2013-06-07 | ¥0.06 | annually | |
2011-06-17 | ¥0.05 | annually | |
2010-05-07 | ¥0.05 | annually | |
2008-05-16 | ¥0.02 | annually |
Wuhannte Cableway Dividend per year
Wuhannte Cableway Dividend growth
Wuhannte Cableway Dividend Yield
Wuhannte Cableway current trailing twelve-month (TTM) dividend yield is 1.4%. Interested in purchasing Wuhannte Cableway stock? Use our calculator to estimate your expected dividend yield:
Wuhannte Cableway Financial Ratios
Wuhannte Cableway Dividend FAQ
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.
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