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Sportsoul Co.,Ltd. engages in research, development, design, production, and sale of leisure sports and fitness equipment in China. It offers its products under the Skywalker and Techplus brands through e-commerce channels and retailers. The company also exports its products to North America, Europe, and other regions. Sportsoul Co.,Ltd. was founded in 2004 and is based in Qingdao, China.

Sportsoul Dividend Announcement

Sportsoul announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2023-07-21. Ex dividend date: 2023-07-21
Sportsoul's trailing twelve-month (TTM) dividend yield is -%
Sportsoul's payout ratio for the trailing twelve months (TTM) is -42.59%

Sportsoul Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-07-21¥0.06annually2023-07-21

Sportsoul Dividend per year

Sportsoul Dividend Yield

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

Sportsoul Financial Ratios

P/E ratio-95.36
PEG ratio-0.95
P/B ratio3.10
ROE-3.28%
Payout ratio-42.59%
Current ratio4.92
Quick ratio4.16
Cash Ratio1.11

Sportsoul Dividend FAQ

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