ZJLD Group Inc engages in the production and sale of distilled liquor in China. The company sells its products under the Zhen Jiu, Li Du, Xiang Jiao, Kai Kou Xiao, Shao Yang, and other brands. The company was incorporated in 2021 and is headquartered in Beijing, China. As of April 17, 2023, ZJLD Group Inc operates as a subsidiary of Zhenjiu Holding limited.
ZJLD Dividend Announcement
• ZJLD announced a annually dividend of HK$0.18 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-06-26
• ZJLD annual dividend for 2024 was HK$0.18
• ZJLD's trailing twelve-month (TTM) dividend yield is 2.48%
ZJLD Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-26 | HK$0.18 | annually | 2024-07-19 |
ZJLD Dividend per year
ZJLD Dividend Yield
ZJLD current trailing twelve-month (TTM) dividend yield is 2.48%. Interested in purchasing ZJLD stock? Use our calculator to estimate your expected dividend yield:
ZJLD Financial Ratios
P/E ratio16.71
PEG ratio0.17
P/B ratio1.89
ROE11.55%
Payout ratio0.00%
Current ratio2.72
Quick ratio1.38
Cash Ratio1.26
ZJLD Dividend FAQ
Does ZJLD stock pay dividends?
ZJLD does not currently pay dividends to its shareholders.
Has ZJLD ever paid a dividend?
No, ZJLD has no a history of paying dividends to its shareholders. ZJLD is not known for its dividend payments.
Why doesn't ZJLD pay dividends?
There are several potential reasons why ZJLD 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.
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 ZJLD 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 ZJLD 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 ZJLD a dividend aristocrat?
ZJLD 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 ZJLD a dividend king?
ZJLD 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 ZJLD a dividend stock?
No, ZJLD 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 ZJLD stocks?
To buy ZJLD 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 ZJLD 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.
Place an order: Use the brokerage's trading platform to place an order to buy ZJLD 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.