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Suzhou Cheersson Precision Metal Forming Co., Ltd. produces and sells communication equipment parts. The company offers powertrain cases and shells, as well as parts for multimedia intelligent, sealing, security, and brake systems. Its products include brake control unit boxes and covers, safety buckles, safety curtain guide brackets, control boxes, airbag covers, and aluminum back covers. The company was incorporated in 2012 and is based in Suzhou, China.

Suzhou Cheersson Precision Metal Forming Dividend Announcement

Suzhou Cheersson Precision Metal Forming announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-05-22. Ex dividend date: 2024-05-22
Suzhou Cheersson Precision Metal Forming annual dividend for 2024 was ¥0.15
Suzhou Cheersson Precision Metal Forming's trailing twelve-month (TTM) dividend yield is 0.61%
Suzhou Cheersson Precision Metal Forming's payout ratio for the trailing twelve months (TTM) is -227.50%

Suzhou Cheersson Precision Metal Forming Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-22¥0.15annually2024-05-22
2021-06-16¥0.08annually2021-06-16
2020-06-16¥0.42annually2020-06-16

Suzhou Cheersson Precision Metal Forming Dividend per year

Suzhou Cheersson Precision Metal Forming Dividend Yield

Suzhou Cheersson Precision Metal Forming current trailing twelve-month (TTM) dividend yield is 0.61%. Interested in purchasing Suzhou Cheersson Precision Metal Forming stock? Use our calculator to estimate your expected dividend yield:

Suzhou Cheersson Precision Metal Forming Financial Ratios

P/E ratio-251.94
PEG ratio-5.13
P/B ratio3.78
ROE-1.48%
Payout ratio-227.50%
Current ratio1.30
Quick ratio0.85
Cash Ratio0.07

Suzhou Cheersson Precision Metal Forming Dividend FAQ

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