Shanghai SupeZET Engineering Technology Corp., Ltd. manufactures industrial furnaces and equipment for the oil refining, chemical, and petrochemical industries. It also provides consultancy, technical development, design, fabrication, and installation services. The company was founded in 2002 and is based in Shanghai, China.
Shanghai Supezet Engineering Technology Dividend Announcement
• Shanghai Supezet Engineering Technology announced a annually dividend of ¥0.24 per ordinary share which will be made payable on 2023-08-23. Ex dividend date: 2023-08-23
• Shanghai Supezet Engineering Technology's trailing twelve-month (TTM) dividend yield is -%
• Shanghai Supezet Engineering Technology's payout ratio for the trailing twelve months (TTM) is 94.22%
Shanghai Supezet Engineering Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-08-23 | ¥0.24 | annually | 2023-08-23 |
Shanghai Supezet Engineering Technology Dividend per year
Shanghai Supezet Engineering Technology Dividend Yield
Shanghai Supezet Engineering Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shanghai Supezet Engineering Technology stock? Use our calculator to estimate your expected dividend yield:
Shanghai Supezet Engineering Technology Financial Ratios
P/E ratio21.42
PEG ratio0.31
P/B ratio1.11
ROE5.17%
Payout ratio94.22%
Current ratio1.09
Quick ratio1.00
Cash Ratio0.08
Shanghai Supezet Engineering Technology Dividend FAQ
Does Shanghai Supezet Engineering Technology stock pay dividends?
Shanghai Supezet Engineering Technology does not currently pay dividends to its shareholders.
Has Shanghai Supezet Engineering Technology ever paid a dividend?
No, Shanghai Supezet Engineering Technology has no a history of paying dividends to its shareholders. Shanghai Supezet Engineering Technology is not known for its dividend payments.
Why doesn't Shanghai Supezet Engineering Technology pay dividends?
There are several potential reasons why Shanghai Supezet Engineering 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.
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 Supezet Engineering 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 Supezet Engineering 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 Supezet Engineering Technology a dividend aristocrat?
Shanghai Supezet Engineering 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 Supezet Engineering Technology a dividend king?
Shanghai Supezet Engineering 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 Supezet Engineering Technology a dividend stock?
No, Shanghai Supezet Engineering 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 Supezet Engineering Technology stocks?
To buy Shanghai Supezet Engineering 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 Supezet Engineering 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.
Place an order: Use the brokerage's trading platform to place an order to buy Shanghai Supezet Engineering 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.