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Worldgate Global Logistics Ltd., an investment holding company, provides integrated logistics solutions to customers in Malaysia, Vietnam, Hong Kong, and the People's Republic of China. The company operates through three segments: Freight Forwarding and Related Services, Trading of Used Mobile Phones, and Manufacturing and Trading of Plastic Products. It offers air/sea freight forwarding and related services, such as import and export air and sea freight cargo space, customs clearance, local trucking and haulage to and from seaport and customers/warehouses, and other services related to air and sea freight; and trucking, haulage, and warehousing and related services. The company also provides supply chain management services, including pick and pack, distribution, stock and inventory report, security escort, and tracking services. In addition, it engages in trading used mobile phones. The company was incorporated in 1999 and is headquartered in Puchong, Malaysia.

Worldgate Global Logistics Dividend Announcement

Worldgate Global Logistics announced a semi annually dividend of HK$0.00 per ordinary share which will be made payable on . Ex dividend date: 2017-09-08
Worldgate Global Logistics's trailing twelve-month (TTM) dividend yield is -%

Worldgate Global Logistics Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-09-08HK$0.00semi annually
2017-05-31HK$0.01semi annually

Worldgate Global Logistics Dividend per year

Worldgate Global Logistics Dividend Yield

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

Worldgate Global Logistics Financial Ratios

P/E ratio-1.80
PEG ratio-2.22
P/B ratio0.89
ROE-40.61%
Payout ratio0.00%
Current ratio2.35
Quick ratio2.10
Cash Ratio1.09

Worldgate Global Logistics Dividend FAQ

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