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Xinglong Holding (Group) Company Ltd. engages in the research, development, production, processing, and sale of spunlace, melt-spun, and other nonwoven materials for medical and health protection, household cleaning, personal care, beauty and makeup, tourism, etc. The company is also involved in the provision of non-woven terminal products; distribution and sale of drugs and medical services; and trading of petroleum, natural rubber, and other products. It exports its products. Xinglong Holding (Group) Company Ltd. was founded in 1993 and is based in Haikou, the People's Republic of China.

Xinglong Dividend Announcement

Xinglong announced a annually dividend of ¥0.03 per ordinary share which will be made payable on . Ex dividend date: 2002-06-28
Xinglong's trailing twelve-month (TTM) dividend yield is -%
Xinglong's payout ratio for the trailing twelve months (TTM) is -14.42%

Xinglong Dividend History

Ex-Div dateDividend amountDividend typePay date
2002-06-28¥0.03annually

Xinglong Dividend per year

Xinglong Dividend Yield

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

Xinglong Financial Ratios

P/E ratio-99.02
PEG ratio-0.74
P/B ratio4.73
ROE-4.74%
Payout ratio-14.42%
Current ratio4.96
Quick ratio3.95
Cash Ratio0.69

Xinglong Dividend FAQ

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