Wave Cyber (Shanghai) Co., Ltd. produces and sells environmental protection water treatment components. It offers pressure tanks, membrane pressure vessels, brine tanks/cabinets, and reverse osmosis membranes. The company was founded in 2001 and is based in Shanghai, China.
Wave Cyber Dividend Announcement
• Wave Cyber announced a annually dividend of ¥0.12 per ordinary share which will be made payable on 2024-07-10. Ex dividend date: 2024-07-10
• Wave Cyber annual dividend for 2024 was ¥0.12
• Wave Cyber's trailing twelve-month (TTM) dividend yield is 0.98%
• Wave Cyber's payout ratio for the trailing twelve months (TTM) is 0.45%
Wave Cyber Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-10 | ¥0.12 | annually | 2024-07-10 |
Wave Cyber Dividend per year
Wave Cyber Dividend Yield
Wave Cyber current trailing twelve-month (TTM) dividend yield is 0.98%. Interested in purchasing Wave Cyber stock? Use our calculator to estimate your expected dividend yield:
Wave Cyber Financial Ratios
P/E ratio53.83
PEG ratio9.15
P/B ratio2.66
ROE4.94%
Payout ratio0.45%
Current ratio3.21
Quick ratio2.17
Cash Ratio0.65
Wave Cyber Dividend FAQ
Does Wave Cyber stock pay dividends?
Wave Cyber does not currently pay dividends to its shareholders.
Has Wave Cyber ever paid a dividend?
No, Wave Cyber has no a history of paying dividends to its shareholders. Wave Cyber is not known for its dividend payments.
Why doesn't Wave Cyber pay dividends?
There are several potential reasons why Wave Cyber 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.
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 Wave Cyber 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 Wave Cyber 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 Wave Cyber a dividend aristocrat?
Wave Cyber 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 Wave Cyber a dividend king?
Wave Cyber 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 Wave Cyber a dividend stock?
No, Wave Cyber 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 Wave Cyber stocks?
To buy Wave Cyber 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 Wave Cyber 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.
Place an order: Use the brokerage's trading platform to place an order to buy Wave Cyber 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.