company-logo

Beijing Funshine Culture Media Co., Ltd. provides creative design, equipment rental, leasing, and related engineering services for art events and cultural activities. The company offers planning, art creation, and design; stage arts design; urban landscape construction; lighting and audio project design; events and stage lighting; multimedia creative production; live performances; cultural tourism; lighting, video, and sound equipment rental and leasing; and business management services. It caters to theatre and art venues both domestically and internationally for events, including concerts, conferences, stage plays, art shows, commemoration, and literature fests. The company was formerly known as Beijing FengShangShiJi Culture Media Co., Ltd. and changed its name to Beijing Funshine Culture Media Co., Ltd. in May 2021. Beijing Funshine Culture Media Co., Ltd. was founded in 2002 and is headquartered in Beijing, China.

Beijing Funshine Culture Media Dividend Announcement

Beijing Funshine Culture Media announced a annually dividend of ¥0.43 per ordinary share which will be made payable on 2024-05-17. Ex dividend date: 2024-05-17
Beijing Funshine Culture Media annual dividend for 2024 was ¥0.43
Beijing Funshine Culture Media's trailing twelve-month (TTM) dividend yield is 1.7%
Beijing Funshine Culture Media's payout ratio for the trailing twelve months (TTM) is 52.50%

Beijing Funshine Culture Media Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-17¥0.43annually2024-05-17
2022-06-08¥0.07annually2022-06-08
2021-04-06¥1.00annually2021-04-06

Beijing Funshine Culture Media Dividend per year

Beijing Funshine Culture Media Dividend Yield

Beijing Funshine Culture Media current trailing twelve-month (TTM) dividend yield is 1.7%. Interested in purchasing Beijing Funshine Culture Media stock? Use our calculator to estimate your expected dividend yield:

Beijing Funshine Culture Media Financial Ratios

P/E ratio30.71
PEG ratio0.21
P/B ratio1.49
ROE4.78%
Payout ratio52.50%
Current ratio7.28
Quick ratio6.98
Cash Ratio1.63

Beijing Funshine Culture Media Dividend FAQ

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