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Lianlian DigiTech Co., Ltd., together with its subsidiaries, provides digital payment services and value-added services to merchants and enterprises in China. It also provides property rental and management, micro-loan, and factoring services, as well as digital marketing, operation support, and referral services; and e-wallet, software development, and information technology services. The company was incorporated in 2009 and is based in Hangzhou, China.

Lianlian DigiTech Co Dividend Announcement

Lianlian DigiTech Co announced a annually dividend of HK$0.02 per ordinary share which will be made payable on . Ex dividend date: 2024-06-14
Lianlian DigiTech Co annual dividend for 2024 was HK$0.02
Lianlian DigiTech Co's trailing twelve-month (TTM) dividend yield is 0.2%

Lianlian DigiTech Co Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-14HK$0.02annually

Lianlian DigiTech Co Dividend per year

Lianlian DigiTech Co Dividend Yield

Lianlian DigiTech Co current trailing twelve-month (TTM) dividend yield is 0.2%. Interested in purchasing Lianlian DigiTech Co stock? Use our calculator to estimate your expected dividend yield:

Lianlian DigiTech Co Financial Ratios

P/E ratio-30.97
PEG ratio-0.33
P/B ratio9.10
ROE-38.20%
Payout ratio0.00%
Current ratio1.05
Quick ratio1.05
Cash Ratio1.00

Lianlian DigiTech Co Dividend FAQ

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