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CLPS Incorporation provides information technology, consulting, and solutions to institutions operating in banking, insurance, and financial sectors in the People's Republic of China and internationally. It offers IT consulting services in credit card business areas, such as credit card application, account setup, authorization and activation, settlement, collection, promotion, point system, anti-fraud, statement, reporting, and risk management. The company also provides banking services, including business analysis, system design, development, testing, system maintenance, and operation support; and services in loans, deposit, general ledger, wealth management, debit card, anti-money-laundering, statement and reporting, and risk management, as well as architecture consulting services for banking systems, and online and mobile banking. In addition, it offers solutions in the field of wealth management; e-commerce solutions in online platforms, cross-border e-commerce, logistics, and back-end technology, such as big data analysis and intelligent decision-making among others; and driving, automatic control, and other AI-driven technology solutions for the automotive industry. Further, the company provides IT consulting services to its clients in the banking, wealth management, e-commerce, and automotive industries, among others; and software project development, maintenance, and testing services. Additionally, it offers CLPS Virtual Banking platform, a training platform for IT talents; recruitment and headhunting, as well as fee-for-service training services; and sells product and third-party software. The company was founded in 2005 and is headquartered in Kwun Tong, Hong Kong.

CLPS Dividend Announcement

• CLPS announced a annually dividend of $0.10 per ordinary share which will be made payable on 2023-12-13. Ex dividend date: 2023-12-01
• CLPS annual dividend for 2023 was $0.10
• CLPS's trailing twelve-month (TTM) dividend yield is 7.19%

CLPS Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-01$0.10annually2023-12-13
2022-12-28$0.05annually2023-01-10

CLPS Dividend per year

CLPS Dividend Yield

CLPS current trailing twelve-month (TTM) dividend yield is 7.19%. Interested in purchasing CLPS stock? Use our calculator to estimate your expected dividend yield:

CLPS Financial Ratios

P/E ratio-13.45
PEG ratio0.06
P/B ratio0.54
ROE-3.98%
Payout ratio0.00%
Current ratio2.26
Quick ratio2.26
Cash Ratio1.02

CLPS Dividend FAQ

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