Plastec Technologies, Ltd. does not have significant business operations. Previously, it offered precision plastic manufacturing services, including mold design and fabrication, and plastic injection. The company was founded in 1993 and is based in Kwun Tong, Hong Kong.
Plastec Technologies Dividend Announcement
• Plastec Technologies announced a annually dividend of $0.80 per ordinary share which will be made payable on 2021-08-26. Ex dividend date: 2021-08-18
• Plastec Technologies's trailing twelve-month (TTM) dividend yield is -%
Plastec Technologies Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2021-08-18 | $0.80 | annually | 2021-08-26 |
| 2019-12-13 | $1.60 | annually | |
| 2016-04-01 | $0.40 | annually | |
| 2015-08-18 | $0.10 | annually | |
| 2014-08-27 | $0.10 | annually |
Plastec Technologies Dividend per year
Plastec Technologies Dividend growth
Plastec Technologies Dividend Yield
Plastec Technologies current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Plastec Technologies stock? Use our calculator to estimate your expected dividend yield:
Plastec Technologies Financial Ratios
P/E ratio-23.48
PEG ratio-0.03
P/B ratio0.02
ROE-0.10%
Payout ratio0.00%
Current ratio7.11
Quick ratio7.11
Cash Ratio6.80
Plastec Technologies Dividend FAQ
Does Plastec Technologies stock pay dividends?
Plastec Technologies does not currently pay dividends to its shareholders.
Has Plastec Technologies ever paid a dividend?
No, Plastec Technologies has no a history of paying dividends to its shareholders. Plastec Technologies is not known for its dividend payments.
Why doesn't Plastec Technologies pay dividends?
There are several potential reasons why Plastec Technologies 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 Plastec Technologies 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 Plastec Technologies 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 Plastec Technologies a dividend aristocrat?
Plastec Technologies 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 Plastec Technologies a dividend king?
Plastec Technologies 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 Plastec Technologies a dividend stock?
No, Plastec Technologies 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 Plastec Technologies stocks?
To buy Plastec Technologies 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 Plastec Technologies 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 Plastec Technologies 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.