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Lajin Entertainment Network Group Limited, an investment holding company, provides movies, TV program, and Internet contents services in Mainland China and Hong Kong. The company operates through three segments: Artiste Management; Movies, TV Programmes and Internet Contents; and New Media E-Commerce. It is also involved in the investment, production, and distribution of movies and TV programs; investment in Internet contents; and promotion and demonstration through live video on the website, as well as digital technology business. In addition, the company engages in the business of cultural and entertainment media contents, as well as sourcing and production of media contents. The company was formerly known as China Star Cultural Media Group Limited and changed its name to Lajin Entertainment Network Group Limited in August 2015. Lajin Entertainment Network Group Limited was incorporated in 2001 and is headquartered in Admiralty, Hong Kong.

Lajin Entertainment Network Dividend Announcement

Lajin Entertainment Network announced a annually dividend of HK$0.12 per ordinary share which will be made payable on 2010-05-25. Ex dividend date: 2010-05-06
Lajin Entertainment Network's trailing twelve-month (TTM) dividend yield is -%

Lajin Entertainment Network Dividend History

Ex-Div dateDividend amountDividend typePay date
2010-05-06HK$0.12annually2010-05-25

Lajin Entertainment Network Dividend per year

Lajin Entertainment Network Dividend Yield

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

Lajin Entertainment Network Financial Ratios

P/E ratio-4.21
PEG ratio-0.21
P/B ratio1.98
ROE-41.60%
Payout ratio0.00%
Current ratio1.09
Quick ratio0.76
Cash Ratio0.31

Lajin Entertainment Network Dividend FAQ

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