Suzhou West Deane New Power Electric Co., Ltd. engages in the research, development, design, production, and sales of electrical connection products. Its products include battery connection systems and composite busbars. The company was founded by Shu Xin Pan and Jian Hua Sheng on May 31, 2007 and is headquartered in Suzhou, China.
Suzhou W Deane New Power Elec Dividend Announcement
• Suzhou W Deane New Power Elec announced a annually dividend of ¥0.65 per ordinary share which will be made payable on 2024-06-13. Ex dividend date: 2024-06-13
• Suzhou W Deane New Power Elec annual dividend for 2024 was ¥0.65
• Suzhou W Deane New Power Elec's trailing twelve-month (TTM) dividend yield is 1.94%
• Suzhou W Deane New Power Elec's payout ratio for the trailing twelve months (TTM) is 52.68%
Suzhou W Deane New Power Elec Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-13 | ¥0.65 | annually | 2024-06-13 |
Suzhou W Deane New Power Elec Dividend per year
Suzhou W Deane New Power Elec Dividend Yield
Suzhou W Deane New Power Elec current trailing twelve-month (TTM) dividend yield is 1.94%. Interested in purchasing Suzhou W Deane New Power Elec stock? Use our calculator to estimate your expected dividend yield:
Suzhou W Deane New Power Elec Financial Ratios
Suzhou W Deane New Power Elec 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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