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Cashway Fintech Co.,Ltd. provides financial electronic products and solutions worldwide. The company engages in the research and development, manufacture, marketing, operation, and monitoring of banking self-service equipment. The company offers cash dispensing, recycling, and depositing machines; currency exchange machines; teller cash recyclers; smart and video teller machines, portable card issuers, smart lockers, and queuing and card printing machines; screen displays, poster machines, and smart white boards; and dimming class, disinfection, and smart table products. It also provides branch intelligent transformation, CIS multi-vendor terminal, end to end, and cloud platform software solutions; OEM modules; and intelligent transportation, hospital, and retail solutions. The company was founded in 2004 and is based in Tianjin, China.

Cashway Fintech Dividend Announcement

Cashway Fintech announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2021-06-09. Ex dividend date: 2021-06-09
Cashway Fintech's trailing twelve-month (TTM) dividend yield is -%

Cashway Fintech Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-06-09¥0.05annually2021-06-09
2019-06-20¥0.06annually2019-06-20
2018-06-28¥0.03annually2018-06-28

Cashway Fintech Dividend per year

Cashway Fintech Dividend Yield

Cashway Fintech current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Cashway Fintech stock? Use our calculator to estimate your expected dividend yield:

Cashway Fintech Financial Ratios

P/E ratio-29.26
PEG ratio-0.31
P/B ratio4.30
ROE-14.55%
Payout ratio0.00%
Current ratio5.34
Quick ratio4.66
Cash Ratio3.18

Cashway Fintech Dividend FAQ

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