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Zhongfu Straits (Pingtan) Development Company Limited provides wood products under the Zhongfu brand in China and internationally. The company offers fiberboard products. It is also involved in the processing and sale of forest products; cultivation of seedlings; forest planting; and sale of sapling forest products. In addition, the company sells tobacco fertilizers to tobacco companies; wood logs; and pulp and pulp related products. Further, it engages in the investment, construction, and operation management of sewage treatment and water plants; and construction of residential, commercial, hotel, and office properties. The company was formerly known as Fujian Zhongfu Industries Co., Ltd and changed its name to Zhongfu Straits (Pingtan) Development Company Limited in May 2014. Zhongfu Straits (Pingtan) Development Company Limited was founded in 1993 and is based in Fuzhou, China.

Zhongfu Straits Pingtan Development Dividend Announcement

Zhongfu Straits Pingtan Development does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Zhongfu Straits Pingtan Development dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Zhongfu Straits Pingtan Development Dividend History

Zhongfu Straits Pingtan Development Dividend Yield

Zhongfu Straits Pingtan Development current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Zhongfu Straits Pingtan Development stock? Use our calculator to estimate your expected dividend yield:

Zhongfu Straits Pingtan Development Financial Ratios

P/E ratio-18.04
PEG ratio0.18
P/B ratio2.72
ROE-14.85%
Payout ratio0.00%
Current ratio1.84
Quick ratio0.83
Cash Ratio0.13

Zhongfu Straits Pingtan Development Dividend FAQ

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