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Veken Technology Co., Ltd., together with its subsidiaries, engages in the research and development, manufacturing, and sale of lithium batteries. The company offers 3C digital batteries for use in electronic products, such as notebooks, laptops, education computers, and personable wearables; and power batteries, such as soft packaged and aluminum shell power batteries for passenger auto battery, special vehicle battery, home appliance battery, and energy storage battery applications. It serves cellphone brands and communication operators in China, Europe, and the United States. Veken Technology Co., Ltd. is based in Ningbo, China.

Veken Technology Dividend Announcement

Veken Technology announced a annually dividend of ¥0.02 per ordinary share which will be made payable on . Ex dividend date: 2016-07-08
Veken Technology's trailing twelve-month (TTM) dividend yield is -%
Veken Technology's payout ratio for the trailing twelve months (TTM) is -11.60%

Veken Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-07-08¥0.02annually
2014-07-09¥0.03annually
2012-06-15¥0.06annually
2011-06-13¥0.06annually
2008-06-23¥0.06annually
2007-06-01¥0.06annually
2006-05-11¥0.06annually
2005-04-22¥0.06annually
2004-04-19¥0.05annually
2003-06-05¥0.10annually
2002-04-19¥0.10annually
1999-08-06¥0.15annually

Veken Technology Dividend per year

Veken Technology Dividend growth

Veken Technology Dividend Yield

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

Veken Technology Financial Ratios

P/E ratio-89.95
PEG ratio5.35
P/B ratio2.09
ROE-2.32%
Payout ratio-11.60%
Current ratio1.27
Quick ratio0.96
Cash Ratio0.43

Veken Technology Dividend FAQ

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