Shanghai Taihe Water Environmental Technology Development Co.,Ltd. offers underwater ecological restoration research and development services in China. The company uses algae-inducing underwater ecological restoration technology. It also provides on-site survey, water quality testing, program design, ecosystem construction, and system maintenance services. The company was founded in 2010 and is based in Shanghai, China.
Shanghai Taihe Water Environmental Technology Development Dividend Announcement
• Shanghai Taihe Water Environmental Technology Development announced a annually dividend of ¥1.00 per ordinary share which will be made payable on 2022-06-01. Ex dividend date: 2022-06-01
• Shanghai Taihe Water Environmental Technology Development's trailing twelve-month (TTM) dividend yield is -%
Shanghai Taihe Water Environmental Technology Development Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2022-06-01 | ¥1.00 | annually | 2022-06-01 |
Shanghai Taihe Water Environmental Technology Development Dividend per year
Shanghai Taihe Water Environmental Technology Development Dividend Yield
Shanghai Taihe Water Environmental Technology Development current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shanghai Taihe Water Environmental Technology Development stock? Use our calculator to estimate your expected dividend yield:
Shanghai Taihe Water Environmental Technology Development Financial Ratios
P/E ratio-5.78
PEG ratio4.89
P/B ratio1.22
ROE-20.68%
Payout ratio0.00%
Current ratio5.48
Quick ratio5.12
Cash Ratio1.18
Shanghai Taihe Water Environmental Technology Development Dividend FAQ
Does Shanghai Taihe Water Environmental Technology Development stock pay dividends?
Shanghai Taihe Water Environmental Technology Development does not currently pay dividends to its shareholders.
Has Shanghai Taihe Water Environmental Technology Development ever paid a dividend?
No, Shanghai Taihe Water Environmental Technology Development has no a history of paying dividends to its shareholders. Shanghai Taihe Water Environmental Technology Development is not known for its dividend payments.
Why doesn't Shanghai Taihe Water Environmental Technology Development pay dividends?
There are several potential reasons why Shanghai Taihe Water Environmental Technology 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 Taihe Water Environmental Technology 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 Taihe Water Environmental Technology 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 Taihe Water Environmental Technology Development a dividend aristocrat?
Shanghai Taihe Water Environmental Technology 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 Taihe Water Environmental Technology Development a dividend king?
Shanghai Taihe Water Environmental Technology 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 Taihe Water Environmental Technology Development a dividend stock?
No, Shanghai Taihe Water Environmental Technology 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 Taihe Water Environmental Technology Development stocks?
To buy Shanghai Taihe Water Environmental Technology 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 Taihe Water Environmental Technology 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 Taihe Water Environmental Technology 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.