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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 -14.85%

Xi'an Qujiang Cultural Tourism Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-06-11¥0.02annually2020-06-11
2019-07-08¥0.04annually2019-07-08
1997-06-17¥0.07annually

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

P/E ratio-6.77
PEG ratio-0.63
P/B ratio4.62
ROE-50.34%
Payout ratio-14.85%
Current ratio0.66
Quick ratio0.62
Cash Ratio0.05

Xi'an Qujiang Cultural Tourism Dividend FAQ

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