Shanghai GenTech Co., Ltd. provides process critical system solutions to customers in hi-tech and advanced manufacturing industries in China. The company offers specialty gases and chemicals, such as arsine, phosphine, silane, ammonia, TMA, various gas mixtures, and other electronic materials; and process critical systems, including process delivery systems, vacuum and exhaust (waste) gas treatment systems, life safety and process monitoring systems, and clean process material systems. It also provides material recovery and recycling; new energy-storage medium; bioseparation and purification; and maintenance, repair, and operation service systems. The company offers its products to IC, flat panel display, solar photovoltaics, LED lighting, optical fiber manufacturing, and bio-pharmaceutical businesses. Shanghai GenTech Co., Ltd. was founded in 2009 and is Shanghai, China.
Shanghai GenTech Dividend Announcement
• Shanghai GenTech announced a annually dividend of ¥0.29 per ordinary share which will be made payable on 2024-06-20. Ex dividend date: 2024-06-20
• Shanghai GenTech annual dividend for 2024 was ¥0.29
• Shanghai GenTech's trailing twelve-month (TTM) dividend yield is 0.73%
• Shanghai GenTech's payout ratio for the trailing twelve months (TTM) is 21.06%
Shanghai GenTech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-20 | ¥0.29 | annually | 2024-06-20 |
2022-07-18 | ¥0.13 | annually | 2022-07-18 |
2021-07-05 | ¥0.10 | annually | 2021-07-05 |
Shanghai GenTech Dividend per year
Shanghai GenTech Dividend Yield
Shanghai GenTech current trailing twelve-month (TTM) dividend yield is 0.73%. Interested in purchasing Shanghai GenTech stock? Use our calculator to estimate your expected dividend yield:
Shanghai GenTech Financial Ratios
Shanghai GenTech 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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