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Ocean Star Technology Group Limited, an investment holding company, designs, manufactures, and sells lingerie products. It offers bras, body shaping underwear, and chest support vests, as well as complementary and ancillary products, including breast creams, panties, nude bras, swimwear, bra straps and pads, and waist bands under the Bodibra, June, ooobiki, Bodicare, and invisi brands. The company is also involved in the provision of beauty and lingerie alteration services. It operates retail stores in Hong Kong, Macau, and the People's Republic of China. The company was formerly known as My Heart Bodibra Group Limited and changed its name to Ocean Star Technology Group Limited in September 2021. Ocean Star Technology Group Limited was founded in 2003 and is headquartered in Kwun Tong, Hong Kong.

Ocean Star Technology Dividend Announcement

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

Ocean Star Technology Dividend History

Ocean Star Technology Dividend Yield

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

Ocean Star Technology Financial Ratios

P/E ratio-1.40
PEG ratio-0.01
P/B ratio-4.18
ROE2501.01%
Payout ratio0.00%
Current ratio0.70
Quick ratio0.45
Cash Ratio0.08

Ocean Star Technology Dividend FAQ

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