The distribution of dividends is beneficial to the company's development.
$CHINA OIL & GAS(00603.HK$ Why are stock prices so low? First, too stingy, no dividends; second, there is a lack of communication with the market. A 10% cash dividend was distributed, and the company only paid out more than 100 million yuan, which was mainly taken by the majority shareholders. Higher dividends can cause stock prices to rise. If the price-earnings ratio is pushed to 4-5 times, the stock price will be pushed to 1 yuan. It's always in a state of fairy stocks, and the management doesn't blush? Stock prices have risen, corporate reputation and financing capacity have increased, and financing capacity has increased by hundreds of millions of dollars. Needless to say, many gains have been made in one fell swoop. How can bosses who are too petty, and bosses who don't count big and small accounts, have greater development?
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