Xi'an Qujiang Cultural Tourism Co., Ltd. engages in the tourism business in China. Its activities include the scenic spot operation and management, accommodation, catering, property management, travel, tourism industry education and training, financial services, and project construction. The company was founded in 1984 and is based in Xi'an, China. Xi'an Qujiang Cultural Tourism Co., Ltd. is a subsidiary of Xi'an Qujiang Tourism Investment (Group) Co., Ltd.
Xi'an Qujiang Cultural Tourism Dividend Announcement
• Xi'an Qujiang Cultural Tourism announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2020-06-11. Ex dividend date: 2020-06-11
• Xi'an Qujiang Cultural Tourism's trailing twelve-month (TTM) dividend yield is -%
• Xi'an Qujiang Cultural Tourism's payout ratio for the trailing twelve months (TTM) is -12.40%
Xi'an Qujiang Cultural Tourism Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-06-11 | ¥0.02 | annually | 2020-06-11 |
2019-07-08 | ¥0.04 | annually | 2019-07-08 |
1997-06-17 | ¥0.07 | annually |
Xi'an Qujiang Cultural Tourism Dividend per year
Xi'an Qujiang Cultural Tourism Dividend Yield
Xi'an Qujiang Cultural Tourism current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Xi'an Qujiang Cultural Tourism stock? Use our calculator to estimate your expected dividend yield:
Xi'an Qujiang Cultural Tourism Financial Ratios
Xi'an Qujiang Cultural Tourism 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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