Suncha Technology Co., Ltd. manufactures and trades bamboo and wood tableware and kitchen accessories in China. It offers chopsticks, cutting board, toothpicks, and cotton buds, as well as other kitchen items. The company is based in Hangzhou, China.
Suncha Technology Dividend Announcement
• Suncha Technology announced a annually dividend of ¥0.50 per ordinary share which will be made payable on 2022-08-15. Ex dividend date: 2022-08-15
• Suncha Technology's trailing twelve-month (TTM) dividend yield is -%
• Suncha Technology's payout ratio for the trailing twelve months (TTM) is 280.54%
Suncha Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2022-08-15 | ¥0.50 | annually | 2022-08-15 |
| 2021-10-08 | ¥0.50 | annually | 2021-10-08 |
Suncha Technology Dividend per year
Suncha Technology Dividend Yield
Suncha Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Suncha Technology stock? Use our calculator to estimate your expected dividend yield:
Suncha Technology Financial Ratios
P/E ratio199.35
PEG ratio-34.12
P/B ratio1.46
ROE0.73%
Payout ratio280.54%
Current ratio1.09
Quick ratio0.69
Cash Ratio0.19
Suncha Technology Dividend FAQ
Does Suncha Technology stock pay dividends?
Suncha Technology does not currently pay dividends to its shareholders.
Has Suncha Technology ever paid a dividend?
No, Suncha Technology has no a history of paying dividends to its shareholders. Suncha Technology is not known for its dividend payments.
Why doesn't Suncha Technology pay dividends?
There are several potential reasons why Suncha Technology 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.
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 Suncha Technology 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 Suncha Technology 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 Suncha Technology a dividend aristocrat?
Suncha Technology 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 Suncha Technology a dividend king?
Suncha Technology 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 Suncha Technology a dividend stock?
No, Suncha Technology 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 Suncha Technology stocks?
To buy Suncha Technology 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 Suncha Technology 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.
Place an order: Use the brokerage's trading platform to place an order to buy Suncha Technology 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.