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Ingdan, Inc. operates as an e-commerce company serving the integrated circuit chips (ICs) and artificial intelligence of things (AIoT) industry in China and Hong Kong. It sells digital signal processing, microcontroller, field programmable gate array, sensor/converter, memory, signal/interface, data converters, wireless, radio frequency, processor, and toolkit related products. The company also offers amplifier, capacitance, inductor, resistors, light-emitting diode, timer, clock, connector, switch, relays, filter, and power management related products. In addition, the company provides development tools/system, multimedia IC, dedicated IC, and motor control IC, as well as circuit protection, complex programmable logic, optoelectronic, and discrete devices. Further, the company offers its products through its e-commerce platform, cogobuy.com, as well as supply chain financing services. Additionally, it operates the INGDAN.com platform, which develops and sells proprietary AIoT products, hardware, software, and services. It serves electronics manufacturers. The company was formerly known as Cogobuy Group and changed its name to Ingdan, Inc. in June 2022. The company was founded in 2000 and is headquartered in Shenzhen, the People's Republic of China. Ingdan, Inc. is a subsidiary of Envision Global Investments Limited.

Ingdan Dividend Announcement

• Ingdan announced a annually dividend of HK$0.04 per ordinary share which will be made payable on 2023-06-29. Ex dividend date: 2023-06-13
• Ingdan annual dividend for 2023 was HK$0.04
• Ingdan's trailing twelve-month (TTM) dividend yield is -%
• Ingdan's payout ratio for the trailing twelve months (TTM) is 21.83%

Ingdan Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-06-13HK$0.04annually2023-06-29
2017-09-29HK$0.05annually2017-10-23

Ingdan Dividend per year

Ingdan Dividend Yield

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

Ingdan Financial Ratios

P/E ratio7.68
PEG ratio-1.65
P/B ratio0.48
ROE5.99%
Payout ratio21.83%
Current ratio1.34
Quick ratio0.58
Cash Ratio0.10

Ingdan Dividend FAQ

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