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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-07-22 | ¥0.04 | annually | 2019-07-22 |
2015-07-22 | ¥0.12 | annually | |
2013-05-14 | ¥0.11 | annually | |
2012-04-26 | ¥0.08 | annually | |
2009-06-05 | ¥0.08 | annually | |
2007-06-20 | ¥0.08 | annually | |
2005-06-15 | ¥0.09 | annually | |
2001-06-01 | ¥0.02 | annually | |
1998-06-26 | ¥0.09 | annually |
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
Zhengzhou Coal Industry & Electric Power 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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