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 0.35%
• Zhejiang Chengchang Technology's payout ratio for the trailing twelve months (TTM) is -1698.11%
Zhejiang Chengchang Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-07 | ¥0.15 | annually | 2024-05-07 |
2023-05-12 | ¥0.50 | annually | 2023-05-12 |
Zhejiang Chengchang Technology Dividend per year
Zhejiang Chengchang Technology Dividend Yield
Zhejiang Chengchang Technology current trailing twelve-month (TTM) dividend yield is 0.35%. Interested in purchasing Zhejiang Chengchang Technology stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Chengchang Technology Financial Ratios
Zhejiang Chengchang Technology Dividend FAQ
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.
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