Lootom Telcovideo Network (wuxi) Co., Ltd. provides solutions and services for network operators worldwide. It offers professional network planning and design, optimization and transformation, operation and maintenance monitoring, engineering construction, and other services. Lootom Telcovideo Network (wuxi) Co., Ltd. was founded in 2007 and is based in Wuxi, China.
Lootom Telcovideo Network Dividend Announcement
• Lootom Telcovideo Network announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2020-06-24. Ex dividend date: 2020-06-24
• Lootom Telcovideo Network's trailing twelve-month (TTM) dividend yield is -%
Lootom Telcovideo Network Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2020-06-24 | ¥0.02 | annually | 2020-06-24 |
| 2018-06-14 | ¥0.05 | annually | 2018-06-14 |
| 2017-06-16 | ¥0.15 | annually | 2017-06-16 |
Lootom Telcovideo Network Dividend per year
Lootom Telcovideo Network Dividend Yield
Lootom Telcovideo Network current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Lootom Telcovideo Network stock? Use our calculator to estimate your expected dividend yield:
Lootom Telcovideo Network Financial Ratios
P/E ratio-38.05
PEG ratio3.18
P/B ratio3.64
ROE-9.21%
Payout ratio0.00%
Current ratio4.93
Quick ratio4.08
Cash Ratio0.21
Lootom Telcovideo Network Dividend FAQ
Does Lootom Telcovideo Network stock pay dividends?
Lootom Telcovideo Network does not currently pay dividends to its shareholders.
Has Lootom Telcovideo Network ever paid a dividend?
No, Lootom Telcovideo Network has no a history of paying dividends to its shareholders. Lootom Telcovideo Network is not known for its dividend payments.
Why doesn't Lootom Telcovideo Network pay dividends?
There are several potential reasons why Lootom Telcovideo 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.
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 Lootom Telcovideo 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 Lootom Telcovideo 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 Lootom Telcovideo Network a dividend aristocrat?
Lootom Telcovideo 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 Lootom Telcovideo Network a dividend king?
Lootom Telcovideo 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 Lootom Telcovideo Network a dividend stock?
No, Lootom Telcovideo 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 Lootom Telcovideo Network stocks?
To buy Lootom Telcovideo 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 Lootom Telcovideo 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.
Place an order: Use the brokerage's trading platform to place an order to buy Lootom Telcovideo 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.