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Shanghai Newtouch Software Co., Ltd. provides general information solutions and customized industry information solutions. It offers financial cloud information products, enterprise cloud information products, big data solutions, artificial solution s, blockchain solutions, cloud computing solutions, and software outsourcing services. The company was founded by Wei Guo on June 4, 1994 and is headquartered in Shanghai, China.

Shanghai Newtouch Software Dividend Announcement

Shanghai Newtouch Software announced a annually dividend of ¥0.08 per ordinary share which will be made payable on 2024-07-17. Ex dividend date: 2024-07-17
Shanghai Newtouch Software annual dividend for 2024 was ¥0.08
Shanghai Newtouch Software's trailing twelve-month (TTM) dividend yield is 0.41%
Shanghai Newtouch Software's payout ratio for the trailing twelve months (TTM) is 118.01%

Shanghai Newtouch Software Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-17¥0.08annually2024-07-17
2022-07-25¥0.31annually2022-07-25
2021-07-08¥0.14annually2021-07-08

Shanghai Newtouch Software Dividend per year

Shanghai Newtouch Software Dividend Yield

Shanghai Newtouch Software current trailing twelve-month (TTM) dividend yield is 0.41%. Interested in purchasing Shanghai Newtouch Software stock? Use our calculator to estimate your expected dividend yield:

Shanghai Newtouch Software Financial Ratios

P/E ratio91.43
PEG ratio34.00
P/B ratio3.60
ROE3.94%
Payout ratio118.01%
Current ratio1.97
Quick ratio1.47
Cash Ratio0.27

Shanghai Newtouch Software Dividend FAQ

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