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 1.06%
• 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 1.06%. Interested in purchasing Shenzhen XFH Technology stock? Use our calculator to estimate your expected dividend yield:
Shenzhen XFH Technology Financial Ratios
Shenzhen XFH Technology 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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