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GalaxyCore Inc. designs, develops, manufactures, and sells complementary metal oxide semiconductor (CMOS) image sensor devices for mobile terminals and other electronics products worldwide. It offers CMOS image sensors, which converts captured optical image signals into output digital signals for use in mobile phones, smart wearables, mobile payments, tablets, notebooks, cameras, automotive electronics, etc. The company also provides display driver ICs that are capable to drive display panels to display image signals on the screens, principally for use in mobile phones, smart wearables, and other electronic devices with displays; and chip on module chip technology. The company was formerly known as Galaxycore Shanghai Limited Corporation. GalaxyCore Inc. was founded in 2003 and is headquartered in Shanghai, China.

GalaxyCore Dividend Announcement

GalaxyCore announced a annually dividend of ¥0.01 per ordinary share which will be made payable on 2024-08-08. Ex dividend date: 2024-08-08
GalaxyCore annual dividend for 2024 was ¥0.01
GalaxyCore annual dividend for 2023 was ¥0.03
GalaxyCore's trailing twelve-month (TTM) dividend yield is 0.03%
GalaxyCore's payout ratio for the trailing twelve months (TTM) is 5080.39%

GalaxyCore Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-08¥0.01annually2024-08-08
2023-08-14¥0.03annually2023-08-14

GalaxyCore Dividend per year

GalaxyCore Dividend Yield

GalaxyCore current trailing twelve-month (TTM) dividend yield is 0.03%. Interested in purchasing GalaxyCore stock? Use our calculator to estimate your expected dividend yield:

GalaxyCore Financial Ratios

P/E ratio7060.43
PEG ratio-928.30
P/B ratio6.15
ROE0.09%
Payout ratio5080.39%
Current ratio1.32
Quick ratio0.62
Cash Ratio0.50

GalaxyCore Dividend FAQ

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