Shanghai Longcheer Technology Co., Ltd. engages in the research, development, design, production and manufacturing of intelligent products. Its products include smartphones, tablets, artificial intelligence internet of things products, and others. The company was founded in 2002 and is headquartered in Shanghai, China.
Shanghai Longcheer Technology Dividend Announcement
• Shanghai Longcheer Technology announced a annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-06-03. Ex dividend date: 2024-06-03
• Shanghai Longcheer Technology annual dividend for 2024 was ¥0.50
• Shanghai Longcheer Technology's trailing twelve-month (TTM) dividend yield is 1.06%
• Shanghai Longcheer Technology's payout ratio for the trailing twelve months (TTM) is 56.27%
Shanghai Longcheer Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-03 | ¥0.50 | annually | 2024-06-03 |
Shanghai Longcheer Technology Dividend per year
Shanghai Longcheer Technology Dividend Yield
Shanghai Longcheer Technology current trailing twelve-month (TTM) dividend yield is 1.06%. Interested in purchasing Shanghai Longcheer Technology stock? Use our calculator to estimate your expected dividend yield:
Shanghai Longcheer Technology Financial Ratios
Shanghai Longcheer 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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