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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 1.17%
Shanghai Longcheer Technology's payout ratio for the trailing twelve months (TTM) is 46.57%

Shanghai Longcheer Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-03¥0.50annually2024-06-03

Shanghai Longcheer Technology Dividend per year

Shanghai Longcheer Technology Dividend Yield

Shanghai Longcheer Technology current trailing twelve-month (TTM) dividend yield is 1.17%. Interested in purchasing Shanghai Longcheer Technology stock? Use our calculator to estimate your expected dividend yield:

Shanghai Longcheer Technology Financial Ratios

P/E ratio32.51
PEG ratio2.11
P/B ratio3.66
ROE13.30%
Payout ratio46.57%
Current ratio1.12
Quick ratio0.99
Cash Ratio0.37

Shanghai Longcheer Technology Dividend FAQ

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