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Guoguang Electric Co.,Ltd.Chengdu manufactures and sells microwave tubes in China and internationally. It also offers microwave solid-state products including switching networks, frequency conversion components, RF front-end, power amplifiers, multi-function components, microwave extensions, and other microwave devices and components; and traveling wave tubes, magnetrons, and gas-filled microwave switch tubes and other products. In addition, the company provides international thermonuclear experimental reactor (ITER) supporting equipment, special pumps, and valves for the nuclear industry; ITER shielding module thermal helium leak detection equipment; pressure vessel vacuum measurement and control components; vacuum switch and arc extinguishing chamber; civil aviation airborne kitchen equipment; vacuum regulators and vacuum gauges; vacuum measurement and control components; and low and high-voltage vacuum contactors; vacuum chambers; and vacuum trigger switch. The company was formerly known as Guoguang Electron Tube General Factory. The company was founded in 1958 and is based in Chengdu, China. Guoguang Electric Co.,Ltd.Chengdu is a subsidiary of Xinyu Huanuojin Enterprise Management Co., Ltd.

Guoguang ElectricChengdu Dividend Announcement

• Guoguang ElectricChengdu announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-06-21
• Guoguang ElectricChengdu annual dividend for 2024 was ¥0.20
• Guoguang ElectricChengdu's trailing twelve-month (TTM) dividend yield is 0.32%
• Guoguang ElectricChengdu's payout ratio for the trailing twelve months (TTM) is 27.60%

Guoguang ElectricChengdu Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-21¥0.20annually2024-06-21
2022-06-08¥0.65annually2022-06-08

Guoguang ElectricChengdu Dividend per year

Guoguang ElectricChengdu Dividend Yield

Guoguang ElectricChengdu current trailing twelve-month (TTM) dividend yield is 0.32%. Interested in purchasing Guoguang ElectricChengdu stock? Use our calculator to estimate your expected dividend yield:

Guoguang ElectricChengdu Financial Ratios

P/E ratio85.36
PEG ratio4.20
P/B ratio3.62
ROE4.26%
Payout ratio27.60%
Current ratio4.84
Quick ratio4.30
Cash Ratio2.07

Guoguang ElectricChengdu Dividend FAQ

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