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 0.51%
Smart Share Global Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-31 | $0.03 | annually | 2024-06-14 |
Smart Share Global Dividend per year
Smart Share Global Dividend Yield
Smart Share Global current trailing twelve-month (TTM) dividend yield is 0.51%. Interested in purchasing Smart Share Global stock? Use our calculator to estimate your expected dividend yield:
Smart Share Global Financial Ratios
Smart Share Global 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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