Table of Contents

company-logo

Cnlight Co.,Ltd manufactures and sells lighting products in China. It offers LED lighting products comprising LED bulbs, spotlights, ceiling lights, panel lights, tube lights, down lights, strip lights, candle bulbs, and recessed ceiling lights; and energy saving lamps consisting of high power, single capped, and double capped fluorescent lamps, as well as electric ballasts and light fixtures. The company also provides ceramic metal halide lamps; home lamps including, cartoon table, eye protection table, LED desk, office table, floor, and dimmable lamps; automotive lighting products, such as HID lamps and ballasts; and environmental purification products comprising building air purifiers, indoor mini air purifiers, and electronic deodorants, as well as UV lamps and sterilization equipment, and ballasts. Its products are used in solid-state, indoor, outdoor, motor vehicle, special lighting, and environmental purification applications. The company was founded in 1992 and is based in Foshan, China.

Cnlight Dividend Announcement

• Cnlight announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2017-06-01. Ex dividend date: 2017-06-01
• Cnlight's trailing twelve-month (TTM) dividend yield is -%
• Cnlight's payout ratio for the trailing twelve months (TTM) is -1.58%

Cnlight Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-06-01¥0.03annually2017-06-01
2016-05-06¥0.07annually
2015-05-13¥0.08annually
2014-06-13¥0.05annually
2013-06-28¥0.15annually
2012-05-09¥0.10annually
2011-05-27¥0.10annually
2007-04-23¥0.10annually

Cnlight Dividend per year

Cnlight Dividend growth

Cnlight Dividend Yield

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

Cnlight Financial Ratios

P/E ratio-350.46
PEG ratio17.01
P/B ratio8.75
ROE-2.51%
Payout ratio-1.58%
Current ratio1.43
Quick ratio0.85
Cash Ratio0.42

Cnlight Dividend FAQ

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