Danen Technology Corporation manufactures and sells solar ingots and wafers for photovoltaic applications worldwide. The company provides multi-crystalline solar wafers, ingots, and bricks; and customized OEM services. It serves solar cell companies. The company was founded in 2007 and is headquartered in Taoyuan, Taiwan.
Danen Technology Dividend Announcement
• Danen Technology announced a annually dividend of NT$0.32 per ordinary share which will be made payable on . Ex dividend date: 2011-07-29
• Danen Technology's trailing twelve-month (TTM) dividend yield is -%
Danen Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2011-07-29 | NT$0.32 | annually |
Danen Technology Dividend per year
Danen Technology Dividend Yield
Danen Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Danen Technology stock? Use our calculator to estimate your expected dividend yield:
Danen Technology Financial Ratios
P/E ratio-143.36
PEG ratio3.78
P/B ratio2.56
ROE-1.78%
Payout ratio0.00%
Current ratio95.07
Quick ratio95.07
Cash Ratio1.74
Danen Technology Dividend FAQ
Does Danen Technology stock pay dividends?
Danen Technology does not currently pay dividends to its shareholders.
Has Danen Technology ever paid a dividend?
No, Danen Technology has no a history of paying dividends to its shareholders. Danen Technology is not known for its dividend payments.
Why doesn't Danen Technology pay dividends?
There are several potential reasons why Danen 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.
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 Danen 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 Danen 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 Danen Technology a dividend aristocrat?
Danen 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 Danen Technology a dividend king?
Danen 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 Danen Technology a dividend stock?
No, Danen 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 Danen Technology stocks?
To buy Danen 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 Danen 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.
Place an order: Use the brokerage's trading platform to place an order to buy Danen 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.