Kangping Technology (Suzhou) Co., Ltd. engages in the research and development, design, production, and sale of electric tool motors, electric tool complete machines, and related parts and accessories. The company is based in Suzhou, China.
Kangping Technology Dividend Announcement
• Kangping Technology announced a semi annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-09-20
• Kangping Technology annual dividend for 2024 was ¥1.00
• Kangping Technology annual dividend for 2023 was ¥0.25
• Kangping Technology's trailing twelve-month (TTM) dividend yield is 4.65%
• Kangping Technology's payout ratio for the trailing twelve months (TTM) is 144.78%
Kangping Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-20 | ¥0.50 | semi annually | 2024-09-20 |
| 2024-05-31 | ¥0.50 | semi annually | 2024-05-31 |
| 2023-05-31 | ¥0.25 | semi annually | |
| 2021-10-18 | ¥0.25 | semi annually | |
| 2021-06-03 | ¥0.25 | semi annually |
Kangping Technology Dividend per year
Kangping Technology Dividend Yield
Kangping Technology current trailing twelve-month (TTM) dividend yield is 4.65%. Interested in purchasing Kangping Technology stock? Use our calculator to estimate your expected dividend yield:
Kangping Technology Financial Ratios
P/E ratio26.84
PEG ratio4.16
P/B ratio2.79
ROE10.04%
Payout ratio144.78%
Current ratio1.57
Quick ratio1.21
Cash Ratio0.34
Kangping Technology Dividend FAQ
Does Kangping Technology stock pay dividends?
Kangping Technology does not currently pay dividends to its shareholders.
Has Kangping Technology ever paid a dividend?
No, Kangping Technology has no a history of paying dividends to its shareholders. Kangping Technology is not known for its dividend payments.
Why doesn't Kangping Technology pay dividends?
There are several potential reasons why Kangping 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 Kangping 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 Kangping 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 Kangping Technology a dividend aristocrat?
Kangping 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 Kangping Technology a dividend king?
Kangping 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 Kangping Technology a dividend stock?
No, Kangping 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 Kangping Technology stocks?
To buy Kangping 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 Kangping 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 Kangping 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.