Table of Contents

company-logo

Montnets Cloud Technology Group Co., Ltd. operates as a mobile Internet operating support service provider in China and internationally. It operates Enterprise SMS, full-featured cross-platform SMS sending service available; Montnets Tongzhiwang, a software product with notification; and audio captcha services; Unified Message Platform, a comprehensive information access service platform and bridge among different types of information source networks; Audio Captcha; RCS, 5G-oriented multi-media communication tool for enterprise digital transformation, scenario-based empowering, short video marketing based on mobile network, and internet communication technology; International SMS; and SMS Captcha application. The company offers B2C unified communication cloud platform, a PaaS platform to help corporate customers obtain the B2C communication service capability and Nova information processing platform for corporate customers. The company was formerly known as Montnets Rongxin Technology Group Co., Ltd. and changed its name to Montnets Cloud Technology Group Co., Ltd. in November 2020. Montnets Cloud Technology Group Co., Ltd. was founded in 1998 and is based in Shenzhen, China.

Montnets Cloud Technology Dividend Announcement

• Montnets Cloud Technology announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-01-31. Ex dividend date: 2024-01-31
• Montnets Cloud Technology annual dividend for 2024 was ¥0.03
• Montnets Cloud Technology's trailing twelve-month (TTM) dividend yield is 0.24%
• Montnets Cloud Technology's payout ratio for the trailing twelve months (TTM) is -3.27%

Montnets Cloud Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-01-31¥0.03annually2024-01-31
2017-07-14¥0.12annually2017-07-14
2014-05-16¥0.02annually
2009-04-10¥0.20annually
2008-05-16¥0.05annually

Montnets Cloud Technology Dividend per year

Montnets Cloud Technology Dividend Yield

Montnets Cloud Technology current trailing twelve-month (TTM) dividend yield is 0.24%. Interested in purchasing Montnets Cloud Technology stock? Use our calculator to estimate your expected dividend yield:

Montnets Cloud Technology Financial Ratios

P/E ratio-4.37
PEG ratio0.01
P/B ratio4.75
ROE-109.78%
Payout ratio-3.27%
Current ratio1.46
Quick ratio1.46
Cash Ratio0.58

Montnets Cloud Technology Dividend FAQ

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