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 1.08%
• Shenzhen Highpower Technology's payout ratio for the trailing twelve months (TTM) is 123.66%
Shenzhen Highpower Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-18 | ¥0.48 | annually | 2024-06-18 |
2023-05-17 | ¥0.30 | annually | 2023-05-17 |
Shenzhen Highpower Technology Dividend per year
Shenzhen Highpower Technology Dividend Yield
Shenzhen Highpower Technology current trailing twelve-month (TTM) dividend yield is 1.08%. Interested in purchasing Shenzhen Highpower Technology stock? Use our calculator to estimate your expected dividend yield:
Shenzhen Highpower Technology Financial Ratios
Shenzhen Highpower Technology Dividend FAQ
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.
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