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 1.55%
• Beijing Funshine Culture Media's payout ratio for the trailing twelve months (TTM) is 82.81%
Beijing Funshine Culture Media Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-17 | ¥0.43 | annually | 2024-05-17 |
2022-06-08 | ¥0.07 | annually | 2022-06-08 |
2021-04-06 | ¥1.00 | annually | 2021-04-06 |
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 1.55%. Interested in purchasing Beijing Funshine Culture Media stock? Use our calculator to estimate your expected dividend yield:
Beijing Funshine Culture Media Financial Ratios
Beijing Funshine Culture Media 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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