Guangdong Greenway Technology Co., Ltd. engages in the research and development, production, and sale of lithium-ion batteries. The company was founded in 2010 and is based in Dongguan, China.
Guangdong Greenway Technology Dividend Announcement
• Guangdong Greenway Technology announced a annually dividend of ¥0.40 per ordinary share which will be made payable on 2023-05-26. Ex dividend date: 2023-05-26
• Guangdong Greenway Technology annual dividend for 2023 was ¥0.40
• Guangdong Greenway Technology's trailing twelve-month (TTM) dividend yield is -%
• Guangdong Greenway Technology's payout ratio for the trailing twelve months (TTM) is -11.28%
Guangdong Greenway Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-05-26 | ¥0.40 | annually | 2023-05-26 |
| 2022-06-28 | ¥0.20 | annually | 2022-06-28 |
Guangdong Greenway Technology Dividend per year
Guangdong Greenway Technology Dividend Yield
Guangdong Greenway Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Guangdong Greenway Technology stock? Use our calculator to estimate your expected dividend yield:
Guangdong Greenway Technology Financial Ratios
P/E ratio-24.84
PEG ratio-0.25
P/B ratio1.85
ROE-7.40%
Payout ratio-11.28%
Current ratio1.06
Quick ratio0.76
Cash Ratio0.22
Guangdong Greenway Technology Dividend FAQ
Does Guangdong Greenway Technology stock pay dividends?
Guangdong Greenway Technology does not currently pay dividends to its shareholders.
Has Guangdong Greenway Technology ever paid a dividend?
No, Guangdong Greenway Technology has no a history of paying dividends to its shareholders. Guangdong Greenway Technology is not known for its dividend payments.
Why doesn't Guangdong Greenway Technology pay dividends?
There are several potential reasons why Guangdong Greenway Technology 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 Guangdong Greenway Technology 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 Guangdong Greenway Technology 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 Guangdong Greenway Technology a dividend aristocrat?
Guangdong Greenway Technology 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 Guangdong Greenway Technology a dividend king?
Guangdong Greenway Technology 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 Guangdong Greenway Technology a dividend stock?
No, Guangdong Greenway Technology 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 Guangdong Greenway Technology stocks?
To buy Guangdong Greenway Technology 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 Guangdong Greenway Technology 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 Guangdong Greenway Technology 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.