Rayitek Hi-Tech Film Company Ltd., Shenzhen engages in the research and development, manufacture, and sale of PI films in China. It offers thermal control PI films, electronic PI films, electrical PI films, etc. The company was founded in 2004 and is based in Shenzhen, China.
Rayitek Hi-Tech Film Shenzhen Dividend Announcement
• Rayitek Hi-Tech Film Shenzhen announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2023-05-19. Ex dividend date: 2023-05-19
• Rayitek Hi-Tech Film Shenzhen annual dividend for 2023 was ¥0.07
• Rayitek Hi-Tech Film Shenzhen's trailing twelve-month (TTM) dividend yield is -%
• Rayitek Hi-Tech Film Shenzhen's payout ratio for the trailing twelve months (TTM) is -57.58%
Rayitek Hi-Tech Film Shenzhen Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-05-19 | ¥0.07 | annually | 2023-05-19 |
| 2022-05-20 | ¥0.07 | annually | 2022-05-20 |
Rayitek Hi-Tech Film Shenzhen Dividend per year
Rayitek Hi-Tech Film Shenzhen Dividend Yield
Rayitek Hi-Tech Film Shenzhen current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Rayitek Hi-Tech Film Shenzhen stock? Use our calculator to estimate your expected dividend yield:
Rayitek Hi-Tech Film Shenzhen Financial Ratios
P/E ratio-39.24
PEG ratio-0.39
P/B ratio2.50
ROE-6.22%
Payout ratio-57.58%
Current ratio1.10
Quick ratio0.86
Cash Ratio0.31
Rayitek Hi-Tech Film Shenzhen Dividend FAQ
Does Rayitek Hi-Tech Film Shenzhen stock pay dividends?
Rayitek Hi-Tech Film Shenzhen does not currently pay dividends to its shareholders.
Has Rayitek Hi-Tech Film Shenzhen ever paid a dividend?
No, Rayitek Hi-Tech Film Shenzhen has no a history of paying dividends to its shareholders. Rayitek Hi-Tech Film Shenzhen is not known for its dividend payments.
Why doesn't Rayitek Hi-Tech Film Shenzhen pay dividends?
There are several potential reasons why Rayitek Hi-Tech Film Shenzhen 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 Rayitek Hi-Tech Film Shenzhen 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 Rayitek Hi-Tech Film Shenzhen 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 Rayitek Hi-Tech Film Shenzhen a dividend aristocrat?
Rayitek Hi-Tech Film Shenzhen 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 Rayitek Hi-Tech Film Shenzhen a dividend king?
Rayitek Hi-Tech Film Shenzhen 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 Rayitek Hi-Tech Film Shenzhen a dividend stock?
No, Rayitek Hi-Tech Film Shenzhen 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 Rayitek Hi-Tech Film Shenzhen stocks?
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Place an order: Use the brokerage's trading platform to place an order to buy Rayitek Hi-Tech Film Shenzhen 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 Rayitek Hi-Tech Film Shenzhen 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.