GuangZhou Wahlap Technology Corporation Limited engages in the research and development, manufacture, sale of interactive arcade games and indoor entertainment products in China. The company was founded in 2010 and is based in Guangzhou, China.
GuangZhou Wahlap Technology Dividend Announcement
• GuangZhou Wahlap Technology announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-27
• GuangZhou Wahlap Technology annual dividend for 2024 was ¥0.20
• GuangZhou Wahlap Technology's trailing twelve-month (TTM) dividend yield is 0.78%
• GuangZhou Wahlap Technology's payout ratio for the trailing twelve months (TTM) is 42.09%
GuangZhou Wahlap Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-27 | ¥0.20 | annually | 2024-06-27 |
| 2022-08-11 | ¥0.26 | annually | 2022-08-11 |
GuangZhou Wahlap Technology Dividend per year
GuangZhou Wahlap Technology Dividend Yield
GuangZhou Wahlap Technology current trailing twelve-month (TTM) dividend yield is 0.78%. Interested in purchasing GuangZhou Wahlap Technology stock? Use our calculator to estimate your expected dividend yield:
GuangZhou Wahlap Technology Financial Ratios
P/E ratio54.06
PEG ratio13.66
P/B ratio5.69
ROE10.86%
Payout ratio42.09%
Current ratio1.66
Quick ratio1.08
Cash Ratio0.38
GuangZhou Wahlap Technology Dividend FAQ
Does GuangZhou Wahlap Technology stock pay dividends?
GuangZhou Wahlap Technology does not currently pay dividends to its shareholders.
Has GuangZhou Wahlap Technology ever paid a dividend?
No, GuangZhou Wahlap Technology has no a history of paying dividends to its shareholders. GuangZhou Wahlap Technology is not known for its dividend payments.
Why doesn't GuangZhou Wahlap Technology pay dividends?
There are several potential reasons why GuangZhou Wahlap 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 GuangZhou Wahlap 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 GuangZhou Wahlap 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 GuangZhou Wahlap Technology a dividend aristocrat?
GuangZhou Wahlap 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 GuangZhou Wahlap Technology a dividend king?
GuangZhou Wahlap 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 GuangZhou Wahlap Technology a dividend stock?
No, GuangZhou Wahlap 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 GuangZhou Wahlap Technology stocks?
To buy GuangZhou Wahlap 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 GuangZhou Wahlap 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 GuangZhou Wahlap 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.