company-logo

Xinji Shaxi Group Co., Ltd, an investment holding company, operates and manages hospitality supplies and home furnishing shopping malls in the People's Republic of China. The company operates five shopping malls, including three shopping malls for hospitality supplies and two shopping malls for home furnishings. It also rents hospitality supplies; provides exhibition management services; and operates an online shopping mall. The company was founded in 2002 and is headquartered in Guangzhou, China.

Xinji Shaxi Dividend Announcement

Xinji Shaxi announced a annually dividend of HK$0.01 per ordinary share which will be made payable on 2020-06-26. Ex dividend date: 2020-06-08
Xinji Shaxi 's trailing twelve-month (TTM) dividend yield is -%

Xinji Shaxi Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-06-08HK$0.01annually2020-06-26

Xinji Shaxi Dividend per year

Xinji Shaxi Dividend Yield

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

Xinji Shaxi Financial Ratios

P/E ratio-0.80
PEG ratio-0.04
P/B ratio0.06
ROE-6.86%
Payout ratio0.00%
Current ratio-29.82
Quick ratio-29.82
Cash Ratio-29.82

Xinji Shaxi Dividend FAQ

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