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Shanghai Broadband Technology Co., Ltd., together with its subsidiaries, produces and sells communication and metal products in the People's Republic of China. It engages in the provision of supply chain services; and offers chemicals, raw materials, non-ferrous metals, edible agricultural products and production and living materials, etc. The company is headquartered in Kunming, the People's Republic of China.

Shanghai Broadband Technology Dividend Announcement

• Shanghai Broadband Technology announced a annually dividend of ¥0.05 per ordinary share which will be made payable on . Ex dividend date: 2001-12-21
• Shanghai Broadband Technology's trailing twelve-month (TTM) dividend yield is -%
• Shanghai Broadband Technology's payout ratio for the trailing twelve months (TTM) is -30.92%

Shanghai Broadband Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2001-12-21¥0.05annually
1995-09-11¥0.03annually

Shanghai Broadband Technology Dividend per year

Shanghai Broadband Technology Dividend Yield

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

Shanghai Broadband Technology Financial Ratios

P/E ratio-55.07
PEG ratio-0.79
P/B ratio27.92
ROE-50.45%
Payout ratio-30.92%
Current ratio1.53
Quick ratio0.98
Cash Ratio0.24

Shanghai Broadband Technology Dividend FAQ

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