Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components primarily in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts. The company has a strategic cooperation with Northern Data AG in the areas of artificial intelligence development, blockchain technology, and datacenter operations. Canaan Inc. was founded in 2013 and is based in Beijing, the People's Republic of China.
Canaan Dividend Announcement
• Canaan announced a annually dividend of $0.38 per ordinary share which will be made payable on 2021-12-02. Ex dividend date: 2021-11-15
• Canaan's trailing twelve-month (TTM) dividend yield is -%
Canaan Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2021-11-15 | $0.38 | annually | 2021-12-02 |
Canaan Dividend per year
Canaan Dividend Yield
Canaan current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Canaan stock? Use our calculator to estimate your expected dividend yield:
Canaan Financial Ratios
Canaan 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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