Zhejiang Renzhi Co., Ltd. provides professional services in the oil and gas drilling and engineering fields primarily in China. The company is involved in the development, production, and sale of oilfield chemicals; and development, production, sale, and import and export trade of new materials. It also offers oil and gas field technical services, including drilling fluid technical services; anti-corrosion engineering technical services; oil and gas field special equipment testing and maintenance services. Zhejiang Renzhi Co., Ltd. was founded in 2006 and is based in Wenzhou, China.
Zhejiang Renzhi Dividend Announcement
• Zhejiang Renzhi announced a annually dividend of ¥0.02 per ordinary share which will be made payable on . Ex dividend date: 2015-06-04
• Zhejiang Renzhi's trailing twelve-month (TTM) dividend yield is -%
• Zhejiang Renzhi's payout ratio for the trailing twelve months (TTM) is -0.16%
Zhejiang Renzhi Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2015-06-04 | ¥0.02 | annually | |
2014-07-17 | ¥0.05 | annually | |
2013-05-10 | ¥0.20 | annually | |
2012-05-25 | ¥0.32 | annually |
Zhejiang Renzhi Dividend per year
Zhejiang Renzhi Dividend growth
Zhejiang Renzhi Dividend Yield
Zhejiang Renzhi current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Zhejiang Renzhi stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Renzhi Financial Ratios
Zhejiang Renzhi Dividend FAQ
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.
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