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Smart Share Global Limited, a consumer tech company, provides mobile device charging services in the People's Republic of China. The company provides mobile device charging services through online and offline networks; and rents and sells power banks. It offers services through its power banks placed in points of interests (POIs) operated by its location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs, and public spaces. As of December 31, 2021, the company had 5.7 million power banks in 845,000 POIs in 1,700 counties and county-level districts. Smart Share Global Limited was incorporated in 2017 and is headquartered in Shanghai, the People's Republic of China.

Smart Share Global Dividend Announcement

Smart Share Global announced a annually dividend of $0.03 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-05-31
Smart Share Global annual dividend for 2024 was $0.03
Smart Share Global's trailing twelve-month (TTM) dividend yield is 0.52%

Smart Share Global Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-31$0.03annually2024-06-14

Smart Share Global Dividend per year

Smart Share Global Dividend Yield

Smart Share Global current trailing twelve-month (TTM) dividend yield is 0.52%. Interested in purchasing Smart Share Global stock? Use our calculator to estimate your expected dividend yield:

Smart Share Global Financial Ratios

P/E ratio21.14
PEG ratio0.03
P/B ratio0.48
ROE2.25%
Payout ratio0.00%
Current ratio2.89
Quick ratio2.77
Cash Ratio0.53

Smart Share Global Dividend FAQ

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