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Shenzhen Changfang Group Co., Ltd. engages in the research and development, design, production, and sale of LED lighting source device packaging and LED lighting application products in China and internationally. It provides its lighting products for whole house customization, living room, bedroom, kitchen and bathroom, and meal hanging areas. The company was formerly known as Shenzhen Changfang Light Emitting Diode Lighting Co., LTD and changed its name to Shenzhen Changfang Group Co., Ltd. in March 2016. Shenzhen Changfang Group Co., Ltd. was founded in 2005 and is headquartered in Shenzhen, China.

Shenzhen Changfang Dividend Announcement

Shenzhen Changfang announced a annually dividend of ¥0.01 per ordinary share which will be made payable on . Ex dividend date: 2016-04-14
Shenzhen Changfang's trailing twelve-month (TTM) dividend yield is -%
Shenzhen Changfang's payout ratio for the trailing twelve months (TTM) is -14.20%

Shenzhen Changfang Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-04-14¥0.01annually
2015-05-12¥0.02annually
2014-05-16¥0.03annually
2012-09-26¥0.20annually

Shenzhen Changfang Dividend per year

Shenzhen Changfang Dividend growth

Shenzhen Changfang Dividend Yield

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

Shenzhen Changfang Financial Ratios

P/E ratio-13.08
PEG ratio-0.15
P/B ratio91.01
ROE-269.42%
Payout ratio-14.20%
Current ratio0.37
Quick ratio0.26
Cash Ratio0.04

Shenzhen Changfang Dividend FAQ

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