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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2018-06-20 | ¥0.12 | annually | 2018-06-20 |
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
Shenzhen Magic Design & Decoration Engineering 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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