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Gohigh Networks Co.,Ltd. provides IP communication products in China. The company offers Internet of Things, converged communication, and enterprise information products. It provides its products and services to call center markets, such as government, telecommunication, broadcasting, and other industries. The company also offers mobile Internet and Internet supporting services to independent consumer groups. The company was formerly known as Gohigh Data Networks Technology Co., Ltd and changed its name to Gohigh Networks Co.,Ltd. in May 2022. Gohigh Networks Co.,Ltd. is based in Beijing, China.

Gohigh Networks Dividend Announcement

Gohigh Networks announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2020-07-16. Ex dividend date: 2020-07-16
Gohigh Networks's trailing twelve-month (TTM) dividend yield is -%
Gohigh Networks's payout ratio for the trailing twelve months (TTM) is -3.60%

Gohigh Networks Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-07-16¥0.02annually2020-07-16
2017-06-13¥0.02annually2017-06-13
2016-06-23¥0.02annually
2013-06-07¥0.06annually

Gohigh Networks Dividend per year

Gohigh Networks Dividend Yield

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

Gohigh Networks Financial Ratios

P/E ratio-2.15
PEG ratio-0.09
P/B ratio1.23
ROE-55.63%
Payout ratio-3.60%
Current ratio1.39
Quick ratio1.23
Cash Ratio0.10

Gohigh Networks Dividend FAQ

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