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Shenzhen SNC Opto Electronic Co.,Ltd, together with its subsidiaries, engages in the research and development, production, and sale of LED lighting products in China and internationally. It offers outdoor lighting products, such as LED street, LED wall pack, LED flood, LED garden, LED gooseneck, LED high mast, and LED parking garage lights; industrial lighting products, including high-bay, LED canopy, and work lights; special lighting products comprising LED sports lights, hazardous location LED lights, UV germicidal lights, and LED grow lights; LED linear strip lights; LED high bay lights; LED corn lights and LED retrofit lamps; and accessories for lamps. The company was founded in 2012 and is headquartered in Shenzhen, China.

SHENZHEN SNC OPTO Dividend Announcement

• SHENZHEN SNC OPTO announced a semi annually dividend of ¥0.68 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-10-10
• SHENZHEN SNC OPTO annual dividend for 2024 was ¥1.48
• SHENZHEN SNC OPTO's trailing twelve-month (TTM) dividend yield is 4.07%
• SHENZHEN SNC OPTO's payout ratio for the trailing twelve months (TTM) is 0.21%

SHENZHEN SNC OPTO Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-10¥0.68semi annually2024-10-10
2024-05-24¥0.80semi annually2024-05-24

SHENZHEN SNC OPTO Dividend per year

SHENZHEN SNC OPTO Dividend Yield

SHENZHEN SNC OPTO current trailing twelve-month (TTM) dividend yield is 4.07%. Interested in purchasing SHENZHEN SNC OPTO stock? Use our calculator to estimate your expected dividend yield:

SHENZHEN SNC OPTO Financial Ratios

P/E ratio23.96
PEG ratio6.16
P/B ratio2.25
ROE9.21%
Payout ratio0.21%
Current ratio2.32
Quick ratio1.96
Cash Ratio1.13

SHENZHEN SNC OPTO Dividend FAQ

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