Shijiazhuang Shangtai Technology Co., Ltd. manufactures and sells anode materials for lithium-ion batteries. The company was founded in 2008 and is based in Shijiazhuang, China.
Shijiazhuang Shangtai Technology Dividend Announcement
• Shijiazhuang Shangtai Technology announced a annually dividend of ¥0.80 per ordinary share which will be made payable on 2024-06-19. Ex dividend date: 2024-06-19
• Shijiazhuang Shangtai Technology annual dividend for 2024 was ¥0.80
• Shijiazhuang Shangtai Technology annual dividend for 2023 was ¥1.00
• Shijiazhuang Shangtai Technology's trailing twelve-month (TTM) dividend yield is 1.23%
• Shijiazhuang Shangtai Technology's payout ratio for the trailing twelve months (TTM) is 66.99%
Shijiazhuang Shangtai Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-19 | ¥0.80 | annually | 2024-06-19 |
| 2023-05-29 | ¥1.00 | annually | 2023-05-29 |
Shijiazhuang Shangtai Technology Dividend per year
Shijiazhuang Shangtai Technology Dividend Yield
Shijiazhuang Shangtai Technology current trailing twelve-month (TTM) dividend yield is 1.23%. Interested in purchasing Shijiazhuang Shangtai Technology stock? Use our calculator to estimate your expected dividend yield:
Shijiazhuang Shangtai Technology Financial Ratios
P/E ratio22.85
PEG ratio0.51
P/B ratio2.77
ROE12.55%
Payout ratio66.99%
Current ratio4.90
Quick ratio3.58
Cash Ratio0.29
Shijiazhuang Shangtai Technology Dividend FAQ
Does Shijiazhuang Shangtai Technology stock pay dividends?
Shijiazhuang Shangtai Technology does not currently pay dividends to its shareholders.
Has Shijiazhuang Shangtai Technology ever paid a dividend?
No, Shijiazhuang Shangtai Technology has no a history of paying dividends to its shareholders. Shijiazhuang Shangtai Technology is not known for its dividend payments.
Why doesn't Shijiazhuang Shangtai Technology pay dividends?
There are several potential reasons why Shijiazhuang Shangtai 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 Shijiazhuang Shangtai 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 Shijiazhuang Shangtai 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 Shijiazhuang Shangtai Technology a dividend aristocrat?
Shijiazhuang Shangtai 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 Shijiazhuang Shangtai Technology a dividend king?
Shijiazhuang Shangtai 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 Shijiazhuang Shangtai Technology a dividend stock?
No, Shijiazhuang Shangtai 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 Shijiazhuang Shangtai Technology stocks?
To buy Shijiazhuang Shangtai 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 Shijiazhuang Shangtai 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 Shijiazhuang Shangtai 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.