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Zhang Jia Jie Tourism Group Co., Ltd. engages in the development of tourism resources, construction of tourism infrastructure, provision of various tourism related services, and development of tourism technologies in China. It also provides hotel, restaurant, entertainment, and leasing services; and develops real estate properties. The company, formerly known as Zhang Jia Jie Tourism Development Co., Ltd., was founded in 1992 and is headquartered in Zhangjiajie, China.

Zhang Jia Jie Tourism Dividend Announcement

Zhang Jia Jie Tourism announced a annually dividend of ¥0.08 per ordinary share which will be made payable on 2017-05-24. Ex dividend date: 2017-05-24
Zhang Jia Jie Tourism 's trailing twelve-month (TTM) dividend yield is -%
Zhang Jia Jie Tourism 's payout ratio for the trailing twelve months (TTM) is -22.61%

Zhang Jia Jie Tourism Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-05-24¥0.08annually2017-05-24
2003-06-23¥0.02annually

Zhang Jia Jie Tourism Dividend per year

Zhang Jia Jie Tourism Dividend Yield

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

Zhang Jia Jie Tourism Financial Ratios

P/E ratio-12.01
PEG ratio-2.01
P/B ratio3.85
ROE-29.10%
Payout ratio-22.61%
Current ratio0.17
Quick ratio0.17
Cash Ratio0.10

Zhang Jia Jie Tourism Dividend FAQ

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