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Chengdu Qinchuan IoT Technology Co., Ltd. engages in the research and development, manufacturing, sale, and servicing of smart gas meters and Internet of Things system software. The company's principal products include IC card smart, Internet of things smart, membrane, remote control smart, and industrial and commercial gas meters. It also offers IoT smart gas solutions and Internet of things intelligent gas meter operating systems. The company was founded in 2001 and is based in Chengdu, China.

Chengdu Qinchuan IoT Technology Dividend Announcement

Chengdu Qinchuan IoT Technology announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2022-07-22. Ex dividend date: 2022-07-22
Chengdu Qinchuan IoT Technology's trailing twelve-month (TTM) dividend yield is -%
Chengdu Qinchuan IoT Technology's payout ratio for the trailing twelve months (TTM) is -7.66%

Chengdu Qinchuan IoT Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-07-22¥0.06annually2022-07-22
2021-07-20¥0.15annually2021-07-20

Chengdu Qinchuan IoT Technology Dividend per year

Chengdu Qinchuan IoT Technology Dividend Yield

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

Chengdu Qinchuan IoT Technology Financial Ratios

P/E ratio-30.21
PEG ratio1.38
P/B ratio2.93
ROE-8.89%
Payout ratio-7.66%
Current ratio1.47
Quick ratio1.22
Cash Ratio0.12

Chengdu Qinchuan IoT Technology Dividend FAQ

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