Xinjiang Beixin Road & Bridge Group Co., Ltd. engages in the construction of roads and bridges in China and internationally. The company was founded in 2001 and is based in Urumqi, China.
Xinjiang Beixin Road & Bridge Dividend Announcement
• Xinjiang Beixin Road & Bridge announced a annually dividend of ¥0.01 per ordinary share which will be made payable on 2024-08-08. Ex dividend date: 2024-08-08
• Xinjiang Beixin Road & Bridge annual dividend for 2024 was ¥0.01
• Xinjiang Beixin Road & Bridge 's trailing twelve-month (TTM) dividend yield is 0.24%
• Xinjiang Beixin Road & Bridge 's payout ratio for the trailing twelve months (TTM) is 13946.44%
Xinjiang Beixin Road & Bridge Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-08 | ¥0.01 | annually | 2024-08-08 |
| 2017-05-18 | ¥0.08 | annually | 2017-05-18 |
| 2011-05-31 | ¥0.05 | annually | |
| 2010-06-22 | ¥0.04 | annually |
Xinjiang Beixin Road & Bridge Dividend per year
Xinjiang Beixin Road & Bridge Dividend Yield
Xinjiang Beixin Road & Bridge current trailing twelve-month (TTM) dividend yield is 0.24%. Interested in purchasing Xinjiang Beixin Road & Bridge stock? Use our calculator to estimate your expected dividend yield:
Xinjiang Beixin Road & Bridge Financial Ratios
P/E ratio346.70
PEG ratio107.08
P/B ratio1.56
ROE0.45%
Payout ratio13946.44%
Current ratio1.04
Quick ratio0.94
Cash Ratio0.31
Xinjiang Beixin Road & Bridge Dividend FAQ
Does Xinjiang Beixin Road & Bridge stock pay dividends?
Xinjiang Beixin Road & Bridge does not currently pay dividends to its shareholders.
Has Xinjiang Beixin Road & Bridge ever paid a dividend?
No, Xinjiang Beixin Road & Bridge has no a history of paying dividends to its shareholders. Xinjiang Beixin Road & Bridge is not known for its dividend payments.
Why doesn't Xinjiang Beixin Road & Bridge pay dividends?
There are several potential reasons why Xinjiang Beixin Road & Bridge 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.
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 Xinjiang Beixin Road & Bridge 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 Xinjiang Beixin Road & Bridge 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 Xinjiang Beixin Road & Bridge a dividend aristocrat?
Xinjiang Beixin Road & Bridge 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 Xinjiang Beixin Road & Bridge a dividend king?
Xinjiang Beixin Road & Bridge 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 Xinjiang Beixin Road & Bridge a dividend stock?
No, Xinjiang Beixin Road & Bridge 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 Xinjiang Beixin Road & Bridge stocks?
To buy Xinjiang Beixin Road & Bridge 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 Xinjiang Beixin Road & Bridge 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.
Place an order: Use the brokerage's trading platform to place an order to buy Xinjiang Beixin Road & Bridge 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.