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Zhengzhou Coal Industry & Electric Power Co., Ltd. produces and sells coal in China. The company offers lean coal and anthracite for use as industrial thermal coal. It is also involved in material supply and marketing, railway transportation, and other businesses. The company was founded in 1997 and is based in Zhengzhou, China. Zhengzhou Coal Industry & Electric Power Co., Ltd. is a subsidiary of Zhengzhou Coal Industry(Group)Co.,Ltd.

Zhengzhou Coal Industry & Electric Power Dividend Announcement

Zhengzhou Coal Industry & Electric Power announced a annually dividend of ¥0.04 per ordinary share which will be made payable on 2019-07-22. Ex dividend date: 2019-07-22
Zhengzhou Coal Industry & Electric Power's trailing twelve-month (TTM) dividend yield is -%
Zhengzhou Coal Industry & Electric Power's payout ratio for the trailing twelve months (TTM) is 129.81%

Zhengzhou Coal Industry & Electric Power Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-07-22¥0.04annually2019-07-22
2015-07-22¥0.12annually
2013-05-14¥0.11annually
2012-04-26¥0.08annually
2009-06-05¥0.08annually
2007-06-20¥0.08annually
2005-06-15¥0.09annually
2001-06-01¥0.02annually
1998-06-26¥0.09annually

Zhengzhou Coal Industry & Electric Power Dividend per year

Zhengzhou Coal Industry & Electric Power Dividend Yield

Zhengzhou Coal Industry & Electric Power current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Zhengzhou Coal Industry & Electric Power stock? Use our calculator to estimate your expected dividend yield:

Zhengzhou Coal Industry & Electric Power Financial Ratios

P/E ratio40.41
PEG ratio3.30
P/B ratio3.51
ROE8.73%
Payout ratio129.81%
Current ratio0.49
Quick ratio0.47
Cash Ratio0.33

Zhengzhou Coal Industry & Electric Power Dividend FAQ

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