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GCL New Energy Holdings Limited, an investment holding company, develops, constructs, operates, and manages solar power plants in the People's Republic of China, the United States, and internationally. The company is also involved in the research and development of hydrogen and related businesses. As of December 31, 2021, it owned 47 solar power plants with an aggregate installed capacity of 1,051 megawatts. The company was formerly known as Same Time Holdings Limited and changed its name to GCL New Energy Holdings Limited in May 2014. GCL New Energy Holdings Limited was founded in 1982 and is based in Kowloon, Hong Kong.

GCL New Energy Dividend Announcement

• GCL New Energy announced a annually dividend of HK$0.00 per ordinary share which will be made payable on . Ex dividend date: 2008-08-21
• GCL New Energy's trailing twelve-month (TTM) dividend yield is -%

GCL New Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2008-08-21HK$0.00annually

GCL New Energy Dividend per year

GCL New Energy Dividend Yield

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

GCL New Energy Financial Ratios

P/E ratio-0.43
PEG ratio-0.01
P/B ratio0.24
ROE-46.05%
Payout ratio0.00%
Current ratio3.30
Quick ratio3.30
Cash Ratio0.73

GCL New Energy Dividend FAQ

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