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Guangzhou Goaland Energy Conservation Tech. Co., Ltd. develops and supplies pure water cooling equipment for power electronic devices in China and internationally. It offers water cooling equipment for HVDC converters; flexible AC transmission and distribution thyristor valves; and renewable energy converters. The company was founded in 2001 and is headquartered in Guangzhou, China.

Guangzhou Goaland Energy Conservation Tech Dividend Announcement

Guangzhou Goaland Energy Conservation Tech announced a annually dividend of ¥0.12 per ordinary share which will be made payable on 2023-07-04. Ex dividend date: 2023-07-04
Guangzhou Goaland Energy Conservation Tech annual dividend for 2023 was ¥0.12
Guangzhou Goaland Energy Conservation Tech's trailing twelve-month (TTM) dividend yield is -%
Guangzhou Goaland Energy Conservation Tech's payout ratio for the trailing twelve months (TTM) is -84.14%

Guangzhou Goaland Energy Conservation Tech Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-07-04¥0.12annually2023-07-04
2020-06-23¥0.12annually2020-06-23
2019-06-21¥0.12annually2019-06-21
2017-05-22¥0.10annually2017-05-22

Guangzhou Goaland Energy Conservation Tech Dividend per year

Guangzhou Goaland Energy Conservation Tech Dividend Yield

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

Guangzhou Goaland Energy Conservation Tech Financial Ratios

P/E ratio-111.22
PEG ratio-3.94
P/B ratio3.58
ROE-3.18%
Payout ratio-84.14%
Current ratio2.30
Quick ratio1.27
Cash Ratio0.32

Guangzhou Goaland Energy Conservation Tech Dividend FAQ

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