Shanghai Prosolar Resources Development Co., Ltd engages in the curtain wall engineering, door and window engineering, interior decoration, infrastructure engineering, visual design services for building construction, and sale of supporting products for the projects in China. The company was founded in 1996 and is based in Shanghai, China.
Shanghai Prosolar Resources Development Dividend Announcement
• Shanghai Prosolar Resources Development announced a annually dividend of ¥0.03 per ordinary share which will be made payable on . Ex dividend date: 2013-11-05
• Shanghai Prosolar Resources Development 's trailing twelve-month (TTM) dividend yield is -%
• Shanghai Prosolar Resources Development 's payout ratio for the trailing twelve months (TTM) is -3.38%
Shanghai Prosolar Resources Development Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2013-11-05 | ¥0.03 | annually | |
| 2012-05-07 | ¥0.06 | annually | |
| 2008-10-21 | ¥0.04 | annually | |
| 2001-04-27 | ¥0.05 | annually |
Shanghai Prosolar Resources Development Dividend per year
Shanghai Prosolar Resources Development Dividend Yield
Shanghai Prosolar Resources Development current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shanghai Prosolar Resources Development stock? Use our calculator to estimate your expected dividend yield:
Shanghai Prosolar Resources Development Financial Ratios
P/E ratio-51.21
PEG ratio-1.40
P/B ratio6.14
ROE-11.42%
Payout ratio-3.38%
Current ratio1.17
Quick ratio1.17
Cash Ratio0.01
Shanghai Prosolar Resources Development Dividend FAQ
Does Shanghai Prosolar Resources Development stock pay dividends?
Shanghai Prosolar Resources Development does not currently pay dividends to its shareholders.
Has Shanghai Prosolar Resources Development ever paid a dividend?
No, Shanghai Prosolar Resources Development has no a history of paying dividends to its shareholders. Shanghai Prosolar Resources Development is not known for its dividend payments.
Why doesn't Shanghai Prosolar Resources Development pay dividends?
There are several potential reasons why Shanghai Prosolar Resources Development 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.
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 Prosolar Resources Development 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 Prosolar Resources Development 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 Prosolar Resources Development a dividend aristocrat?
Shanghai Prosolar Resources Development 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 Prosolar Resources Development a dividend king?
Shanghai Prosolar Resources Development 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 Prosolar Resources Development a dividend stock?
No, Shanghai Prosolar Resources Development 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 Prosolar Resources Development stocks?
To buy Shanghai Prosolar Resources Development 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 Prosolar Resources Development 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.
Place an order: Use the brokerage's trading platform to place an order to buy Shanghai Prosolar Resources Development 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.