Caihong Display Devices Co.,Ltd. engages in the research, development, production, and sale of electronic glass products in China and internationally. It offers TFT-LCD crystal substrate glasses, flat panel display devices, liquid crystal display substrate glasses, and liquid crystal substrate glasses products. The company was founded in 1992 and is based in Xianyang, China.
Caihong Display Devices Dividend Announcement
• Caihong Display Devices announced a annually dividend of ¥0.30 per ordinary share which will be made payable on . Ex dividend date: 2005-07-19
• Caihong Display Devices's trailing twelve-month (TTM) dividend yield is -%
• Caihong Display Devices's payout ratio for the trailing twelve months (TTM) is 28.61%
Caihong Display Devices Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2005-07-19 | ¥0.30 | annually | |
| 2004-07-07 | ¥0.10 | annually | |
| 2003-06-23 | ¥0.18 | annually | |
| 2002-08-19 | ¥0.17 | annually | |
| 2001-05-17 | ¥0.12 | annually | |
| 1997-08-08 | ¥0.24 | annually |
Caihong Display Devices Dividend per year
Caihong Display Devices Dividend growth
Caihong Display Devices Dividend Yield
Caihong Display Devices current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Caihong Display Devices stock? Use our calculator to estimate your expected dividend yield:
Caihong Display Devices Financial Ratios
P/E ratio16.49
PEG ratio-5.69
P/B ratio1.21
ROE7.59%
Payout ratio28.61%
Current ratio1.14
Quick ratio1.03
Cash Ratio0.65
Caihong Display Devices Dividend FAQ
Does Caihong Display Devices stock pay dividends?
Caihong Display Devices does not currently pay dividends to its shareholders.
Has Caihong Display Devices ever paid a dividend?
No, Caihong Display Devices has no a history of paying dividends to its shareholders. Caihong Display Devices is not known for its dividend payments.
Why doesn't Caihong Display Devices pay dividends?
There are several potential reasons why Caihong Display Devices 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 Caihong Display Devices 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 Caihong Display Devices 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 Caihong Display Devices a dividend aristocrat?
Caihong Display Devices 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 Caihong Display Devices a dividend king?
Caihong Display Devices 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 Caihong Display Devices a dividend stock?
No, Caihong Display Devices 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 Caihong Display Devices stocks?
To buy Caihong Display Devices 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 Caihong Display Devices 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 Caihong Display Devices 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.