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Shenzhen Wongtee International Enterprise Co., Ltd. operates in real estate business in China. The company is involved in the operation and management of real estate properties, such as office buildings, shopping centers, hotels, apartments, industrial parks, tourist attractions, cultural and creative parks, and other properties. It also offers asset management, brand incubation investment, Internet big data, financing, and intelligent integrated development services. The company was formerly known as Shenzhen International Enterprise Co., Ltd. and changed its name to Shenzhen Wongtee International Enterprise Co., Ltd. in September 2015. Shenzhen Wongtee International Enterprise Co., Ltd. was founded in 1983 and is based in Shenzhen, China.

Shenzhen Wongtee International Enterprise Dividend Announcement

Shenzhen Wongtee International Enterprise announced a annually dividend of ¥0.01 per ordinary share which will be made payable on 2019-07-09. Ex dividend date: 2019-07-09
Shenzhen Wongtee International Enterprise's trailing twelve-month (TTM) dividend yield is -%
Shenzhen Wongtee International Enterprise's payout ratio for the trailing twelve months (TTM) is -24.04%

Shenzhen Wongtee International Enterprise Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-07-09¥0.01annually2019-07-09
2018-08-15¥0.04annually2018-08-15
2000-07-24¥0.05annually

Shenzhen Wongtee International Enterprise Dividend per year

Shenzhen Wongtee International Enterprise Dividend Yield

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

Shenzhen Wongtee International Enterprise Financial Ratios

P/E ratio-3.91
PEG ratio0.58
P/B ratio4.68
ROE-100.65%
Payout ratio-24.04%
Current ratio0.15
Quick ratio0.13
Cash Ratio0.02

Shenzhen Wongtee International Enterprise Dividend FAQ

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