Beijing New Space Technology Co., Ltd. provides professional contracting services for urban and road lighting engineering. It offers lighting engineering design and waterscape fountain design and construction services. The company was founded in 2004 and is headquartered in Beijing, China.
Beijing New Space Technology Dividend Announcement
• Beijing New Space Technology announced a annually dividend of ¥0.19 per ordinary share which will be made payable on 2021-06-25. Ex dividend date: 2021-06-25
• Beijing New Space Technology's trailing twelve-month (TTM) dividend yield is -%
• Beijing New Space Technology's payout ratio for the trailing twelve months (TTM) is -1.06%
Beijing New Space Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2021-06-25 | ¥0.19 | annually | 2021-06-25 |
Beijing New Space Technology Dividend per year
Beijing New Space Technology Dividend Yield
Beijing New Space Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Beijing New Space Technology stock? Use our calculator to estimate your expected dividend yield:
Beijing New Space Technology Financial Ratios
P/E ratio-8.39
PEG ratio-0.08
P/B ratio1.26
ROE-14.34%
Payout ratio-1.06%
Current ratio4.01
Quick ratio3.94
Cash Ratio0.54
Beijing New Space Technology Dividend FAQ
Does Beijing New Space Technology stock pay dividends?
Beijing New Space Technology does not currently pay dividends to its shareholders.
Has Beijing New Space Technology ever paid a dividend?
No, Beijing New Space Technology has no a history of paying dividends to its shareholders. Beijing New Space Technology is not known for its dividend payments.
Why doesn't Beijing New Space Technology pay dividends?
There are several potential reasons why Beijing New Space Technology 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 Beijing New Space Technology 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 New Space Technology 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 New Space Technology a dividend aristocrat?
Beijing New Space Technology 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 New Space Technology a dividend king?
Beijing New Space Technology 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 New Space Technology a dividend stock?
No, Beijing New Space Technology 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 New Space Technology stocks?
To buy Beijing New Space Technology 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 New Space Technology 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 Beijing New Space Technology 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.