company-logo

Shenzhen Magic Design & Decoration Engineering Co., Ltd. operates in the architectural decoration industry in China. It provides building decoration, building curtain wall, building electromechanical, electronics and intelligence, electromechanical equipment installation, fire protection facilities, and environmental protection engineering. The company was founded in 1984 and is based in Shenzhen, China.

Shenzhen Magic Design & Decoration Engineering Dividend Announcement

Shenzhen Magic Design & Decoration Engineering announced a annually dividend of ¥0.12 per ordinary share which will be made payable on 2018-06-20. Ex dividend date: 2018-06-20
Shenzhen Magic Design & Decoration Engineering's trailing twelve-month (TTM) dividend yield is -%
Shenzhen Magic Design & Decoration Engineering's payout ratio for the trailing twelve months (TTM) is -10.92%

Shenzhen Magic Design & Decoration Engineering Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-06-20¥0.12annually2018-06-20

Shenzhen Magic Design & Decoration Engineering Dividend per year

Shenzhen Magic Design & Decoration Engineering Dividend Yield

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

Shenzhen Magic Design & Decoration Engineering Financial Ratios

P/E ratio-5.93
PEG ratio0.51
P/B ratio4.27
ROE-63.90%
Payout ratio-10.92%
Current ratio0.90
Quick ratio0.89
Cash Ratio0.04

Shenzhen Magic Design & Decoration Engineering Dividend FAQ

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