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Luen Wong Group Holdings Limited, an investment holding company, operates as a subcontractor in civil engineering works in Hong Kong. The company undertakes roads and drainage works, such as construction and improvement of local road, carriageway with junction improvement and associated footpaths, planting areas, drains, sewers, water mains, and utilities diversion; and structural works, including construction of reinforced concrete structures for bridges and retaining walls. It also offers site formation works that consist of excavation and/or filling works for forming a new site and achieving designed formation level for later development; and decoration and renovation works. The company was incorporated in 2015 and is headquartered in Causeway Bay, Hong Kong.

Luen Wong Dividend Announcement

• Luen Wong does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Luen Wong dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Luen Wong Dividend History

Luen Wong Dividend Yield

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

Luen Wong Financial Ratios

P/E ratio-2.65
PEG ratio-0.10
P/B ratio1.39
ROE-47.21%
Payout ratio0.00%
Current ratio1.68
Quick ratio1.68
Cash Ratio0.08

Luen Wong Dividend FAQ

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