Shandong Longertek Technology Co., Ltd. engages in the research, development, production, sale, and maintenance of rail transit vehicle air conditioners and their control systems in China. It offers track and new energy vehicle air conditioners, thermal management products, air energy heat pump drying equipment, digital energy intelligent environmental control products, and their control systems, as well as new energy equipment, professional computer room temperature control products, and industrial integrated air conditioners. The company was founded in 2000 and is based in Jinan, the People's Republic of China.
Shandong Longertek Technology Dividend Announcement
• Shandong Longertek Technology announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-07-04. Ex dividend date: 2024-07-04
• Shandong Longertek Technology annual dividend for 2024 was ¥0.10
• Shandong Longertek Technology's trailing twelve-month (TTM) dividend yield is 0.55%
• Shandong Longertek Technology's payout ratio for the trailing twelve months (TTM) is -50.65%
Shandong Longertek Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-04 | ¥0.10 | annually | 2024-07-04 |
2021-06-03 | ¥0.20 | annually | 2021-06-03 |
2020-06-11 | ¥0.15 | annually | 2020-06-11 |
Shandong Longertek Technology Dividend per year
Shandong Longertek Technology Dividend Yield
Shandong Longertek Technology current trailing twelve-month (TTM) dividend yield is 0.55%. Interested in purchasing Shandong Longertek Technology stock? Use our calculator to estimate your expected dividend yield:
Shandong Longertek Technology Financial Ratios
Shandong Longertek Technology Dividend FAQ
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.
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