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Solargiga Energy Holdings Limited, an investment holding company, engages in the manufacture, processing, and trading of polysilicon and monocrystalline silicon solar ingots and wafers in Mainland China. It also manufactures and trades in monocrystalline silicon solar cells and photovoltaic modules; installs photovoltaic systems; and constructs and operates photovoltaic power plants. In addition, the company manufactures and trades in electronic semiconductor materials. It serves silicon solar wafer, cell or modules manufacturers or traders. The company exports its products to Japan, South Asia, Europe, and internationally. Solargiga Energy Holdings Limited was founded in 2001 and is headquartered in Wan Chai, Hong Kong.

Solargiga Energy Dividend Announcement

Solargiga Energy announced a annually dividend of HK$0.07 per ordinary share which will be made payable on 2023-01-30. Ex dividend date: 2023-01-16
Solargiga Energy annual dividend for 2023 was HK$0.07
Solargiga Energy's trailing twelve-month (TTM) dividend yield is -%
Solargiga Energy's payout ratio for the trailing twelve months (TTM) is -0.23%

Solargiga Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-01-16HK$0.07annually2023-01-30
2011-06-23HK$0.04annually
2009-06-04HK$0.01annually
2008-05-15HK$0.05annually

Solargiga Energy Dividend per year

Solargiga Energy Dividend Yield

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

Solargiga Energy Financial Ratios

P/E ratio-4.15
PEG ratio0.09
P/B ratio0.35
ROE-7.92%
Payout ratio-0.23%
Current ratio1.14
Quick ratio0.89
Cash Ratio0.06

Solargiga Energy Dividend FAQ

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