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Tianjin Futong Information Science and Technology Co., Ltd. researches, develops, produces, and supplies optical communication products in China. The company primarily offers optical fiber preforms, optical fibers, and optical cables for national information network construction, backbone information networks, metropolitan area networks, access networks, base stations, indoor distribution, etc. It also focuses on quartz materials and products, including large optical fiber preform bushing tubes. The company was formerly known as Tianjin Futong Xinmao Science&Technology Co.,Ltd. and changed its name to Tianjin Futong Information Science and Technology Co., Ltd. in January 2020. Tianjin Futong Information Science and Technology Co., Ltd. was founded in 1997 and is based in Tianjin, China.

Tianjin Futong Information Science&Technology Dividend Announcement

• Tianjin Futong Information Science&Technology announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2018-06-04. Ex dividend date: 2018-06-04
• Tianjin Futong Information Science&Technology's trailing twelve-month (TTM) dividend yield is -%
• Tianjin Futong Information Science&Technology's payout ratio for the trailing twelve months (TTM) is -16.41%

Tianjin Futong Information Science&Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-06-04¥0.03annually2018-06-04
2013-05-31¥0.03annually
2009-05-26¥0.10annually
2002-06-19¥0.15annually
1999-07-02¥0.15annually

Tianjin Futong Information Science&Technology Dividend per year

Tianjin Futong Information Science&Technology Dividend Yield

Tianjin Futong Information Science&Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tianjin Futong Information Science&Technology stock? Use our calculator to estimate your expected dividend yield:

Tianjin Futong Information Science&Technology Financial Ratios

P/E ratio-2.69
PEG ratio0.21
P/B ratio0.44
ROE-14.79%
Payout ratio-16.41%
Current ratio1.18
Quick ratio1.04
Cash Ratio0.02

Tianjin Futong Information Science&Technology Dividend FAQ

Does Tianjin Futong Information Science&Technology stock pay dividends?
Tianjin Futong Information Science&Technology does not currently pay dividends to its shareholders.
Has Tianjin Futong Information Science&Technology ever paid a dividend?
No, Tianjin Futong Information Science&Technology has no a history of paying dividends to its shareholders. Tianjin Futong Information Science&Technology is not known for its dividend payments.
Why doesn't Tianjin Futong Information Science&Technology pay dividends?
There are several potential reasons why Tianjin Futong Information Science&Technology 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 Tianjin Futong Information Science&Technology 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 Tianjin Futong Information Science&Technology 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 Tianjin Futong Information Science&Technology a dividend aristocrat?
Tianjin Futong Information Science&Technology 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 Tianjin Futong Information Science&Technology a dividend king?
Tianjin Futong Information Science&Technology 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 Tianjin Futong Information Science&Technology a dividend stock?
No, Tianjin Futong Information Science&Technology 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 Tianjin Futong Information Science&Technology stocks?
To buy Tianjin Futong Information Science&Technology 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 Tianjin Futong Information Science&Technology 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.