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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-22 | ¥0.15 | annually | 2024-05-22 |
2021-06-16 | ¥0.08 | annually | 2021-06-16 |
2020-06-16 | ¥0.42 | annually | 2020-06-16 |
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
Suzhou Cheersson Precision Metal Forming Dividend FAQ
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.
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