Xinjiang Winka Times Department Store Co.,Ltd. operates department stores in China. It also operates shopping centers and supermarkets. The company is based in Urumqi, China.
Xinjiang Winka Times Department Store Dividend Announcement
• Xinjiang Winka Times Department Store announced a annually dividend of ¥0.26 per ordinary share which will be made payable on 2024-07-11. Ex dividend date: 2024-07-11
• Xinjiang Winka Times Department Store annual dividend for 2024 was ¥0.26
• Xinjiang Winka Times Department Store's trailing twelve-month (TTM) dividend yield is 4.43%
• Xinjiang Winka Times Department Store's payout ratio for the trailing twelve months (TTM) is 309.38%
Xinjiang Winka Times Department Store Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-11 | ¥0.26 | annually | 2024-07-11 |
| 2018-07-16 | ¥0.10 | annually | 2018-07-16 |
| 2017-05-26 | ¥0.08 | annually | 2017-05-26 |
Xinjiang Winka Times Department Store Dividend per year
Xinjiang Winka Times Department Store Dividend Yield
Xinjiang Winka Times Department Store current trailing twelve-month (TTM) dividend yield is 4.43%. Interested in purchasing Xinjiang Winka Times Department Store stock? Use our calculator to estimate your expected dividend yield:
Xinjiang Winka Times Department Store Financial Ratios
P/E ratio53.14
PEG ratio-2.50
P/B ratio1.96
ROE3.49%
Payout ratio309.38%
Current ratio0.34
Quick ratio0.23
Cash Ratio0.06
Xinjiang Winka Times Department Store Dividend FAQ
Does Xinjiang Winka Times Department Store stock pay dividends?
Xinjiang Winka Times Department Store does not currently pay dividends to its shareholders.
Has Xinjiang Winka Times Department Store ever paid a dividend?
No, Xinjiang Winka Times Department Store has no a history of paying dividends to its shareholders. Xinjiang Winka Times Department Store is not known for its dividend payments.
Why doesn't Xinjiang Winka Times Department Store pay dividends?
There are several potential reasons why Xinjiang Winka Times Department Store 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 Winka Times Department Store 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 Winka Times Department Store 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 Winka Times Department Store a dividend aristocrat?
Xinjiang Winka Times Department Store 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 Winka Times Department Store a dividend king?
Xinjiang Winka Times Department Store 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 Winka Times Department Store a dividend stock?
No, Xinjiang Winka Times Department Store 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 Winka Times Department Store stocks?
To buy Xinjiang Winka Times Department Store 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 Winka Times Department Store 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 Winka Times Department Store 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.