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Zhejiang Chengchang Technology Co., Ltd. engages in research, development, production, and sale of microwave and millimeter-wave RF chips in China. The company offers power amplifier chips, low noise amplifier chips, analog beamforming shaped chips, and passive components for phased arrays. Its products applications include smart homes, Internet of Things, base stations, and virtual reality and 5G products. The company was founded in 2010 and is based in Hangzhou, China. Zhejiang Chengchang Technology Co., Ltd. operates as a subsidiary of Shenzhen H&T Intelligent Control Co., Ltd.

Zhejiang Chengchang Technology Dividend Announcement

Zhejiang Chengchang Technology announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-05-07. Ex dividend date: 2024-05-07
Zhejiang Chengchang Technology annual dividend for 2024 was ¥0.15
Zhejiang Chengchang Technology annual dividend for 2023 was ¥0.50
Zhejiang Chengchang Technology's trailing twelve-month (TTM) dividend yield is 0.34%
Zhejiang Chengchang Technology's payout ratio for the trailing twelve months (TTM) is -1698.11%

Zhejiang Chengchang Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-07¥0.15annually2024-05-07
2023-05-12¥0.50annually2023-05-12

Zhejiang Chengchang Technology Dividend per year

Zhejiang Chengchang Technology Dividend Yield

Zhejiang Chengchang Technology current trailing twelve-month (TTM) dividend yield is 0.34%. Interested in purchasing Zhejiang Chengchang Technology stock? Use our calculator to estimate your expected dividend yield:

Zhejiang Chengchang Technology Financial Ratios

P/E ratio-2253.69
PEG ratio-2.65
P/B ratio6.97
ROE-0.31%
Payout ratio-1698.11%
Current ratio11.85
Quick ratio9.34
Cash Ratio2.19

Zhejiang Chengchang Technology Dividend FAQ

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