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Xinxiang Tianli Energy Co., Ltd. engages in the research and development, production, and sale of ternary cathode materials for lithium batteries in China. The company offers precursors and finished products. Its products have applications in the fields of electric vehicles, electric bicycles, mobile energy storage, and power tools. The company was founded in 2009 and is based in Xinxiang, China.

Xinxiang Tianli Energy Dividend Announcement

Xinxiang Tianli Energy announced a annually dividend of ¥0.30 per ordinary share which will be made payable on 2023-05-23. Ex dividend date: 2023-05-23
Xinxiang Tianli Energy's trailing twelve-month (TTM) dividend yield is -%
Xinxiang Tianli Energy's payout ratio for the trailing twelve months (TTM) is -9.41%

Xinxiang Tianli Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-05-23¥0.30annually2023-05-23

Xinxiang Tianli Energy Dividend per year

Xinxiang Tianli Energy Dividend Yield

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

Xinxiang Tianli Energy Financial Ratios

P/E ratio-8.49
PEG ratio3.73
P/B ratio2.73
ROE-30.51%
Payout ratio-9.41%
Current ratio1.41
Quick ratio1.16
Cash Ratio0.20

Xinxiang Tianli Energy Dividend FAQ

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