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Inno Laser Technology Co., Ltd. engages in the research and development, production, and sale of lasers in the field of micromachining in China. The company also offers compact medium and low power nanosecond lasers for 3D printing, static dynamic marking, PCB/FPC cutting, glass engraving, laser trimming, etc.; integrated high power lasers for PCB/cutting an FPC, PI cover film cutting, solar cell processing, wafer processing, and mobile phone camera/fingerprint module; mobile phone antenna cutting, precision processing of brittle materials, transparent material processing, and PCB/FPC cutting and drilling applications. It provides industrial grade femtosecond lasers for use in injector drilling, machining of aerospace brittle materials, micro/nano processing, semiconductor wafer processing, interventional medical device precision machining, battery electrode micromachining, and surface microstructure modification; and MOPA nanosecond/sub-nanosecond lasers for photovoltaic chip processing, glass drilling and texturing, glass-based ink removal, PCB/FPC cutting and drilling, etc. The company's products are used in consumer electronics, new energy, 3D printing, chip manufacturing, biomedical, and other fields. It sells its products to approximately 20 countries and regions, including China, the United States, Germany, the Netherlands, Japan, South Korea, India, Singapore, etc. Inno Laser Technology Co., Ltd. was founded in 2011 and is headquartered in Shenzhen, China.

Inno Laser Technology Dividend Announcement

• Inno Laser Technology announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2023-06-07. Ex dividend date: 2023-06-07
• Inno Laser Technology annual dividend for 2023 was ¥0.10
• Inno Laser Technology's trailing twelve-month (TTM) dividend yield is -%
• Inno Laser Technology's payout ratio for the trailing twelve months (TTM) is 32.75%

Inno Laser Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-06-07¥0.10annually2023-06-07
2022-06-13¥0.12annually2022-06-13

Inno Laser Technology Dividend per year

Inno Laser Technology Dividend Yield

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

Inno Laser Technology Financial Ratios

P/E ratio1331.15
PEG ratio13.37
P/B ratio3.61
ROE0.27%
Payout ratio32.75%
Current ratio4.16
Quick ratio2.85
Cash Ratio1.06

Inno Laser Technology Dividend FAQ

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