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Cinderson Tech (Suzhou) Co Ltd is engaged in research and development, production and sales of micro motors and related products. Its products are mainly used in the field of cleaning electrical appliances represented by vacuum cleaners, and have been simultaneously developed to other terminal application fields such as power tools and garden tools. Its product category includes DC brushless motor, Ac series motor and Dc brush motor.

Cinderson Tech Dividend Announcement

Cinderson Tech announced a annually dividend of ¥0.31 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-07-12
Cinderson Tech annual dividend for 2024 was ¥0.31
Cinderson Tech's trailing twelve-month (TTM) dividend yield is 1.4%

Cinderson Tech Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-12¥0.31annually2024-07-12

Cinderson Tech Dividend per year

Cinderson Tech Dividend Yield

Cinderson Tech current trailing twelve-month (TTM) dividend yield is 1.4%. Interested in purchasing Cinderson Tech stock? Use our calculator to estimate your expected dividend yield:

Cinderson Tech Financial Ratios

P/E ratio22.87
PEG ratio0.23
P/B ratio2.19
ROE10.97%
Payout ratio0.00%
Current ratio2.96
Quick ratio2.48
Cash Ratio1.00

Cinderson Tech Dividend FAQ

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