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Comtec Solar Systems Group Limited, an investment holding company, researches, produces, and sells mono-crystalline solar wafers and ingots in the People's Republic of China and Hong Kong. The company operates through two segments, Mono-crystalline and Solar Products, and Solar and Power Storage. It offers consulting services for investment, engineering, procurement, development, and operation of solar photovoltaic power stations; polysilicon products; and solar EPC services. The company also researches and develops, designs, integrates, and sells lithium battery management and battery systems to electric vehicle and power storage customers; and produces and sells power storage products. In addition, it trades in solar related parts, equipment, and products; and generates solar power. Comtec Solar Systems Group Limited was founded in 1999 and is headquartered in Changzhou, the People's Republic of China.

Comtec Solar Systems Dividend Announcement

• Comtec Solar Systems announced a annually dividend of HK$0.01 per ordinary share which will be made payable on . Ex dividend date: 2010-05-14
• Comtec Solar Systems's trailing twelve-month (TTM) dividend yield is -%

Comtec Solar Systems Dividend History

Ex-Div dateDividend amountDividend typePay date
2010-05-14HK$0.01annually

Comtec Solar Systems Dividend per year

Comtec Solar Systems Dividend Yield

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

Comtec Solar Systems Financial Ratios

P/E ratio2.73
PEG ratio0.46
P/B ratio-0.91
ROE-33.79%
Payout ratio0.00%
Current ratio0.46
Quick ratio0.45
Cash Ratio0.06

Comtec Solar Systems Dividend FAQ

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