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Hangzhou Raycloud Technology Co., Ltd. operates as an e-commerce software and service technology company. The company offers various products and services that help e-commerce merchants to do business. It provides e-commerce SaaS products and supporting hardware, as well as CRM SMS and operation services. The company's e-commerce SaaS products include super store manager, super express, and other software. Hangzhou Raycloud Technology Co., Ltd. was founded in 2016 and is based in Hangzhou, China.

Hangzhou Raycloud Technology Dividend Announcement

Hangzhou Raycloud Technology announced a annually dividend of ¥0.03 per ordinary share which will be made payable on . Ex dividend date: 2021-06-03
Hangzhou Raycloud Technology's trailing twelve-month (TTM) dividend yield is -%
Hangzhou Raycloud Technology's payout ratio for the trailing twelve months (TTM) is 35.38%

Hangzhou Raycloud Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-06-03¥0.03annually
2020-06-17¥0.15annually

Hangzhou Raycloud Technology Dividend per year

Hangzhou Raycloud Technology Dividend Yield

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

Hangzhou Raycloud Technology Financial Ratios

P/E ratio195.06
PEG ratio-7.25
P/B ratio3.54
ROE1.77%
Payout ratio35.38%
Current ratio0.80
Quick ratio0.78
Cash Ratio0.25

Hangzhou Raycloud Technology Dividend FAQ

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