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Solomon Worldwide Holdings Limited, an investment holding company, engages in the design, development, manufacture, and sale of cast metal products. The company operates in two segments, Metal Casting and Financial Printing. It offers pump, valve, filter, and food machinery components made from stainless steel, carbon steel, bronze, and/or grey iron to suppliers of flow control devices, electromechanical equipment, and industrial machinery and equipment. The company is also involved in the provision of the financial printing, typesetting, translation, cover and layout design, printing and binding, distribution, and media placement services to financial and capital markets. It has operations in Hong Kong, Germany, the People's Republic of China, the United States, and internationally. The company was formerly known as Jete Power Holdings Limited and changed its name to Solomon Worldwide Holdings Limited in December 2021. Solomon Worldwide Holdings Limited was founded in 2003 and is headquartered in Central, Hong Kong.

Solomon Worldwide Dividend Announcement

• Solomon Worldwide does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Solomon Worldwide dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Solomon Worldwide Dividend History

Solomon Worldwide Dividend Yield

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

Solomon Worldwide Financial Ratios

P/E ratio-2.12
PEG ratio-0.02
P/B ratio0.72
ROE-34.27%
Payout ratio0.00%
Current ratio2.24
Quick ratio1.92
Cash Ratio0.20

Solomon Worldwide Dividend FAQ

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