Shenzhen XFH Technology Co.,Ltd engages in the research and development, production, and sale of lithium ion battery cathode materials. Its products are used in energy vehicles, portable power products, electric tools, electric bicycles, and storage power stations. The company is based in Shenzhen, China.
Shenzhen XFH Technology Dividend Announcement
• Shenzhen XFH Technology announced a annually dividend of ¥0.32 per ordinary share which will be made payable on 2024-05-23. Ex dividend date: 2024-05-23
• Shenzhen XFH Technology annual dividend for 2024 was ¥0.32
• Shenzhen XFH Technology's trailing twelve-month (TTM) dividend yield is 0.99%
• Shenzhen XFH Technology's payout ratio for the trailing twelve months (TTM) is 127.22%
Shenzhen XFH Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-23 | ¥0.32 | annually | 2024-05-23 |
| 2021-06-21 | ¥0.10 | annually | 2021-06-21 |
Shenzhen XFH Technology Dividend per year
Shenzhen XFH Technology Dividend Yield
Shenzhen XFH Technology current trailing twelve-month (TTM) dividend yield is 0.99%. Interested in purchasing Shenzhen XFH Technology stock? Use our calculator to estimate your expected dividend yield:
Shenzhen XFH Technology Financial Ratios
P/E ratio74.56
PEG ratio0.72
P/B ratio1.88
ROE2.57%
Payout ratio127.22%
Current ratio1.77
Quick ratio1.16
Cash Ratio0.17
Shenzhen XFH Technology Dividend FAQ
Does Shenzhen XFH Technology stock pay dividends?
Shenzhen XFH Technology does not currently pay dividends to its shareholders.
Has Shenzhen XFH Technology ever paid a dividend?
No, Shenzhen XFH Technology has no a history of paying dividends to its shareholders. Shenzhen XFH Technology is not known for its dividend payments.
Why doesn't Shenzhen XFH Technology pay dividends?
There are several potential reasons why Shenzhen XFH Technology 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.
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 XFH Technology 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 XFH Technology 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 XFH Technology a dividend aristocrat?
Shenzhen XFH Technology 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 XFH Technology a dividend king?
Shenzhen XFH Technology 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 XFH Technology a dividend stock?
No, Shenzhen XFH Technology 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 XFH Technology stocks?
To buy Shenzhen XFH Technology 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 XFH Technology 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.
Place an order: Use the brokerage's trading platform to place an order to buy Shenzhen XFH Technology 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.