Lisheng Sports (hanghai) Co., Ltd. operates as an automobile sports and racing culture company. It operates racing field and racing training center, as well as offers public relation services in car brand promotion. The company was formerly known as Shanghai Lisheng Racing Co.,Ltd. and changed its name to Lisheng Sports (hanghai) Co., Ltd. in June 2022. Lisheng Sports (hanghai) Co., Ltd. was founded in 2002 and is based in Shanghai, China.
Lisheng Sports Dividend Announcement
• Lisheng Sports announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2019-06-05. Ex dividend date: 2019-06-05
• Lisheng Sports's trailing twelve-month (TTM) dividend yield is -%
• Lisheng Sports's payout ratio for the trailing twelve months (TTM) is -19.77%
Lisheng Sports Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-06-05 | ¥0.03 | annually | 2019-06-05 |
2018-05-10 | ¥0.20 | annually | 2018-05-10 |
Lisheng Sports Dividend per year
Lisheng Sports Dividend Yield
Lisheng Sports current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Lisheng Sports stock? Use our calculator to estimate your expected dividend yield:
Lisheng Sports Financial Ratios
Lisheng Sports Dividend FAQ
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.
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