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Sichuan Shudao Equipment & Technology Co.,Ltd. engages in the research and development, manufacture, and sale of natural gas liquefaction, liquid air separation, cryogenic liquid storage, and transportation equipment in China and internationally. It offers cryogenic technology equipment manufacturing services, including air separation unit, natural gas liquefaction plant, helium extractor for BOG of LNG, large scale cryogenic storage tank, natural gas hydrogen production plant, and liquid air energy storage plant, as well as O2, N2, H2, He liquefier. The company also provides energy equipment manufacturing services, such as LNG/C-LNG fueling station plant, hydrogen fueling and storage equipment, integrated charging station, and energy station equipment. In addition, it offers transportation equipment manufacturing services; and industrial gas and clean energy investment and supply services. The company was formerly known as Chengdu Shenleng Liquefaction Plant Co.,Ltd and changed its name to Sichuan Shudao Equipment & Technology Co.,Ltd. in March 2022. Sichuan Shudao Equipment & Technology Co.,Ltd. was founded in 2001 and is based in Chengdu, China.

Sichuan Shudao Equipment & Technology Dividend Announcement

• Sichuan Shudao Equipment & Technology announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2020-06-18. Ex dividend date: 2020-06-18
• Sichuan Shudao Equipment & Technology's trailing twelve-month (TTM) dividend yield is -%
• Sichuan Shudao Equipment & Technology's payout ratio for the trailing twelve months (TTM) is 9.82%

Sichuan Shudao Equipment & Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-06-18¥0.03annually2020-06-18
2018-06-15¥0.05annually2018-06-15
2017-05-19¥0.10annually2017-05-19

Sichuan Shudao Equipment & Technology Dividend per year

Sichuan Shudao Equipment & Technology Dividend Yield

Sichuan Shudao Equipment & Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sichuan Shudao Equipment & Technology stock? Use our calculator to estimate your expected dividend yield:

Sichuan Shudao Equipment & Technology Financial Ratios

P/E ratio102.51
PEG ratio1.00
P/B ratio4.11
ROE4.10%
Payout ratio9.82%
Current ratio1.74
Quick ratio1.37
Cash Ratio0.33

Sichuan Shudao Equipment & Technology Dividend FAQ

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