Sunray Engineering Group Limited, an investment holding company, provides building protection solutions in Hong Kong and Macau. It supplies waterproofing, tiling, flooring, and other products for residential and commercial buildings, and community facilities in public and private sectors, including sports centers, theatre, hospitals, power station and other community facilities. The company was founded in 1988 and is based in Cheung Sha Wan, Hong Kong.
Sunray Engineering Dividend Announcement
• Sunray Engineering announced a annually dividend of HK$0.01 per ordinary share which will be made payable on 2020-09-21. Ex dividend date: 2020-08-25
• Sunray Engineering's trailing twelve-month (TTM) dividend yield is -%
Sunray Engineering Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2020-08-25 | HK$0.01 | annually | 2020-09-21 |
Sunray Engineering Dividend per year
Sunray Engineering Dividend Yield
Sunray Engineering current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sunray Engineering stock? Use our calculator to estimate your expected dividend yield:
Sunray Engineering Financial Ratios
P/E ratio-47.62
PEG ratio-1.01
P/B ratio0.20
ROE-0.43%
Payout ratio0.00%
Current ratio3.14
Quick ratio2.87
Cash Ratio0.55
Sunray Engineering Dividend FAQ
Does Sunray Engineering stock pay dividends?
Sunray Engineering does not currently pay dividends to its shareholders.
Has Sunray Engineering ever paid a dividend?
No, Sunray Engineering has no a history of paying dividends to its shareholders. Sunray Engineering is not known for its dividend payments.
Why doesn't Sunray Engineering pay dividends?
There are several potential reasons why Sunray Engineering 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 Sunray Engineering 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 Sunray Engineering 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 Sunray Engineering a dividend aristocrat?
Sunray Engineering 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 Sunray Engineering a dividend king?
Sunray Engineering 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 Sunray Engineering a dividend stock?
No, Sunray Engineering 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 Sunray Engineering stocks?
To buy Sunray Engineering 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 Sunray Engineering 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 Sunray Engineering 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.