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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 0.82%
• Shanghai GenTech's payout ratio for the trailing twelve months (TTM) is 22.82%

Shanghai GenTech Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-20¥0.29annually2024-06-20
2022-07-18¥0.13annually2022-07-18
2021-07-05¥0.10annually2021-07-05

Shanghai GenTech Dividend per year

Shanghai GenTech Dividend Yield

Shanghai GenTech current trailing twelve-month (TTM) dividend yield is 0.82%. Interested in purchasing Shanghai GenTech stock? Use our calculator to estimate your expected dividend yield:

Shanghai GenTech Financial Ratios

P/E ratio21.22
PEG ratio-0.21
P/B ratio2.96
ROE14.79%
Payout ratio22.82%
Current ratio1.37
Quick ratio0.68
Cash Ratio0.16

Shanghai GenTech Dividend FAQ

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