Shanghai Bloom Technology, Inc. engages in the provision of powder and granular material handling system solutions. Its services include pneumatic conveying, metering and mixing, storage, blending, and homogenization of materials and corresponding components, spare parts and services. The company was founded on November 19, 2001 and is headquartered in Shanghai, China.
SHANGHAI BLOOM TECHNOLOGY Dividend Announcement
• SHANGHAI BLOOM TECHNOLOGY announced a annually dividend of ¥1.30 per ordinary share which will be made payable on 2024-07-03. Ex dividend date: 2024-07-03
• SHANGHAI BLOOM TECHNOLOGY annual dividend for 2024 was ¥1.30
• SHANGHAI BLOOM TECHNOLOGY's trailing twelve-month (TTM) dividend yield is 1.86%
SHANGHAI BLOOM TECHNOLOGY Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-03 | ¥1.30 | annually | 2024-07-03 |
SHANGHAI BLOOM TECHNOLOGY Dividend per year
SHANGHAI BLOOM TECHNOLOGY Dividend Yield
SHANGHAI BLOOM TECHNOLOGY current trailing twelve-month (TTM) dividend yield is 1.86%. Interested in purchasing SHANGHAI BLOOM TECHNOLOGY stock? Use our calculator to estimate your expected dividend yield:
SHANGHAI BLOOM TECHNOLOGY Financial Ratios
P/E ratio16.63
PEG ratio0.13
P/B ratio1.99
ROE13.92%
Payout ratio0.00%
Current ratio1.33
Quick ratio0.86
Cash Ratio0.22
SHANGHAI BLOOM TECHNOLOGY Dividend FAQ
Does SHANGHAI BLOOM TECHNOLOGY stock pay dividends?
SHANGHAI BLOOM TECHNOLOGY does not currently pay dividends to its shareholders.
Has SHANGHAI BLOOM TECHNOLOGY ever paid a dividend?
No, SHANGHAI BLOOM TECHNOLOGY has no a history of paying dividends to its shareholders. SHANGHAI BLOOM TECHNOLOGY is not known for its dividend payments.
Why doesn't SHANGHAI BLOOM TECHNOLOGY pay dividends?
There are several potential reasons why SHANGHAI BLOOM 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.
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 SHANGHAI BLOOM 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 SHANGHAI BLOOM 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 SHANGHAI BLOOM TECHNOLOGY a dividend aristocrat?
SHANGHAI BLOOM 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 SHANGHAI BLOOM TECHNOLOGY a dividend king?
SHANGHAI BLOOM 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 SHANGHAI BLOOM TECHNOLOGY a dividend stock?
No, SHANGHAI BLOOM 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 SHANGHAI BLOOM TECHNOLOGY stocks?
To buy SHANGHAI BLOOM 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 SHANGHAI BLOOM 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.
Place an order: Use the brokerage's trading platform to place an order to buy SHANGHAI BLOOM 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.