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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 dateDividend amountDividend typePay date
2024-06-13¥0.65annually2024-06-13

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

P/E ratio27.59
PEG ratio0.81
P/B ratio3.38
ROE14.06%
Payout ratio52.68%
Current ratio2.52
Quick ratio2.32
Cash Ratio0.44

Suzhou W Deane New Power Elec Dividend FAQ

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