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Glory Star New Media Group Holdings Limited, through its subsidiaries, provides advertisement and content production services in the People's Republic of China. The company also engages in mobile and online digital advertising, and media and entertainment businesses. In addition, it operates CHEERS app, an e-commerce platform that allows users to access online store, live streaming, series TV shows, and online games, as well as online short videos, variety shows, and dramas. It is also developing CheerCar App, an interactive entertainment app; and CheerChat App, an overseas social audio app. Glory Star New Media Group Holdings Limited was founded in 2016 and is headquartered in Beijing, the People's Republic of China.

Glory Star New Media Dividend Announcement

Glory Star New Media does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Glory Star New Media dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Glory Star New Media Dividend History

Glory Star New Media Dividend Yield

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

Glory Star New Media Financial Ratios

P/E ratio1.22
PEG ratio0.01
P/B ratio0.13
ROE12.26%
Payout ratio0.00%
Current ratio7.43
Quick ratio6.60
Cash Ratio4.58

Glory Star New Media Dividend FAQ

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