Genew Technologies Co., Ltd. engages in the research, development, design, and sale of communications system equipment. It provides 5G communication, emergency management, smart mine and smart city solutions, operators, and private networks. The company was founded by Min Hua Wu and Zhong Hua Zhang on April 4, 2005 and is headquartered in Shenzhen, China.
Genew Technologies Dividend Announcement
• Genew Technologies announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2021-07-16. Ex dividend date: 2021-07-16
• Genew Technologies's trailing twelve-month (TTM) dividend yield is -%
• Genew Technologies's payout ratio for the trailing twelve months (TTM) is -47.84%
Genew Technologies Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2021-07-16 | ¥0.07 | annually | 2021-07-16 |
Genew Technologies Dividend per year
Genew Technologies Dividend Yield
Genew Technologies current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Genew Technologies stock? Use our calculator to estimate your expected dividend yield:
Genew Technologies Financial Ratios
P/E ratio-266.94
PEG ratio9.83
P/B ratio7.72
ROE-2.92%
Payout ratio-47.84%
Current ratio1.84
Quick ratio1.01
Cash Ratio0.13
Genew Technologies Dividend FAQ
Does Genew Technologies stock pay dividends?
Genew Technologies does not currently pay dividends to its shareholders.
Has Genew Technologies ever paid a dividend?
No, Genew Technologies has no a history of paying dividends to its shareholders. Genew Technologies is not known for its dividend payments.
Why doesn't Genew Technologies pay dividends?
There are several potential reasons why Genew Technologies 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 Genew Technologies 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 Genew Technologies 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 Genew Technologies a dividend aristocrat?
Genew Technologies 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 Genew Technologies a dividend king?
Genew Technologies 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 Genew Technologies a dividend stock?
No, Genew Technologies 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 Genew Technologies stocks?
To buy Genew Technologies 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 Genew Technologies 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 Genew Technologies 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.