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Shenzhen Highpower Technology Co., Ltd., an integrated clean energy supplier, engages in the research and development, manufacture, and sale of batteries. The company offers lithium and nickel-metal hydride batteries, battery solutions, and energy storage systems, as well as provides battery recycling and re-utilization services. Its products are used in smart wearable devices, Bluetooth speakers, personal care equipment, tablet PCs/laptops, smartphones, backup power products, handheld devices, smart security equipment, consumer market, wireless communication products, lighting products, smart medical devices, robotic cleaners, garden tools, energy storage systems, and LEVs. The company was formerly known as Guangzhou Highpower Technology Co., Ltd. Shenzhen Highpower Technology Co., Ltd. was founded in 2001 and is headquartered in Shenzhen, China. Shenzhen Highpower Technology Co., Ltd. operates as a subsidiary of Hong Kong Highpower Technology Company Limited.

Shenzhen Highpower Technology Dividend Announcement

Shenzhen Highpower Technology announced a annually dividend of ¥0.48 per ordinary share which will be made payable on 2024-06-18. Ex dividend date: 2024-06-18
Shenzhen Highpower Technology annual dividend for 2024 was ¥0.48
Shenzhen Highpower Technology annual dividend for 2023 was ¥0.30
Shenzhen Highpower Technology's trailing twelve-month (TTM) dividend yield is 0.96%
Shenzhen Highpower Technology's payout ratio for the trailing twelve months (TTM) is 142.78%

Shenzhen Highpower Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-18¥0.48annually2024-06-18
2023-05-17¥0.30annually2023-05-17

Shenzhen Highpower Technology Dividend per year

Shenzhen Highpower Technology Dividend Yield

Shenzhen Highpower Technology current trailing twelve-month (TTM) dividend yield is 0.96%. Interested in purchasing Shenzhen Highpower Technology stock? Use our calculator to estimate your expected dividend yield:

Shenzhen Highpower Technology Financial Ratios

P/E ratio53.01
PEG ratio-17.91
P/B ratio1.49
ROE2.82%
Payout ratio142.78%
Current ratio1.02
Quick ratio0.80
Cash Ratio0.28

Shenzhen Highpower Technology Dividend FAQ

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