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Redsun Services Group Limited, an investment holding company, provides community services in Jiangsu Province, China. The company offers property management services, such as security, cleaning, greening and gardening, facility management, customer services, and repairs and maintenance to property owners, residents, and tenants covering residential, commercial, and other properties; and to a variety of commercial properties comprising shopping malls, home improvement and furnishings malls, hotels, and theme parks, as well as to other properties consisting of office buildings and schools. It also provides value-added services to non-property owners, including consulting services to other property management companies; preliminary planning and design consultancy services to property developers for property development projects; sales assistance services to property developers at property sales venues and display units, including visitor reception, cleaning, security inspection, and maintenance; and other value-added services to property developers, such as inspection services. In addition, the company offers community value-added services to residential property owners and residents, which include property brokerage, property decoration, community convenience services, assets management, and common area value-added services. Further, it provides household, decoration, software maintenance, and pension services. The company was founded in 2003 and is headquartered in Nanjing, China. Redsun Services Group Limited is a subsidiary of Redsun Services Group (Holdings) Limited.

Redsun Services Dividend Announcement

• Redsun Services announced a annually dividend of HK$0.06 per ordinary share which will be made payable on 2021-07-23. Ex dividend date: 2021-07-02
• Redsun Services's trailing twelve-month (TTM) dividend yield is -%

Redsun Services Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-07-02HK$0.06annually2021-07-23

Redsun Services Dividend per year

Redsun Services Dividend Yield

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

Redsun Services Financial Ratios

P/E ratio-34.19
PEG ratio-0.87
P/B ratio0.21
ROE-0.62%
Payout ratio0.00%
Current ratio1.97
Quick ratio1.96
Cash Ratio0.68

Redsun Services Dividend FAQ

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