Dbg Technology dividend – DBG Technology Co Ltd Announces 0.2 Cash Dividend
June 4, 2023
🌥️Dividends Yield
On May 26 2023, DBG Technology Co Ltd announced a 0.2 CNY cash dividend for shareholders. This follows a pattern of steady payments, as the company has paid out a per-share dividend of 0.2 CNY annually during the last three years. These payments have resulted in a dividend yield of 2.07%, 2.07%, and 1.97% in 2021, 2022, and 2023 respectively, with an average yield of 2.04%. If you are looking for stocks to invest in that offer dividends, DBG TECHNOLOGY ($SZSE:300735) might be the ideal option for you.
As they are paying out a steady dividend of 0.2 CNY per share, you can rest assured that you will receive fairly regular payments as long as you hold on to the stock. The ex-dividend date is on May 26 2023, so make sure to purchase the shares before this date if you would like to be eligible for the dividend.
Price History
The news was met with enthusiasm, as evidenced by the stock prices on Friday when DBG TECHNOLOGY stock opened at CNY10.8 and closed at CNY10.9, an increase of 0.2% from the last closing price of 10.9. This dividend distribution is seen as a sign of financial health and stability for the company, and is a positive indicator for investors. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Dbg Technology. More…
| Total Revenues | Net Income | Net Margin |
| 3.8k | 291.66 | 7.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Dbg Technology. More…
| Operations | Investing | Financing |
| 559.61 | -479.03 | -32.09 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Dbg Technology. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.88k | 1.01k | 5.72 |
Key Ratios Snapshot
Some of the financial key ratios for Dbg Technology are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 20.8% | -2.0% | 9.8% |
| FCF Margin | ROE | ROA |
| 5.8% | 5.1% | 4.0% |
Analysis
At GoodWhale, we conducted an analysis of DBG TECHNOLOGY‘s wellbeing and our Star Chart classified them as a ‘cow’, which is a company characterized by having a track record of paying out consistent and sustainable dividends. This type of company may be interesting to investors who prefer a steady income stream and growth potential. The health score for DBG TECHNOLOGY was 8/10, indicating that the company is in a good financial position and is capable of paying off debt as well as funding future operations. In terms of its assets, growth, and dividend metrics, DBG TECHNOLOGY performed strongly; however, their profitability metrics were only medium. More…
Peers
It is a notable player in the market, competing against other large firms such as Shun On Electronic Co Ltd, LG Innotek Co Ltd, and Ryoyo Electro Corp.
– Shun On Electronic Co Ltd ($TWSE:6283)
Shun On Electronic Co Ltd is a leading global manufacturer of consumer electronics. With a market cap of 4.68B as of 2023, Shun On is one of the largest companies in the industry. Its Return on Equity (ROE) of -4.31% indicates that the company may not be performing as well as its competitors, however it is still worth noting that the company has managed to remain profitable despite the challenging times. The company’s main products include phones, tablets, TVs, and audio products which are sold to consumers around the world.
– LG Innotek Co Ltd ($KOSE:011070)
LG Innotek Co Ltd is a South Korean manufacturer of electronic components and related materials. The company specializes in the production of camera modules, LED lighting products, and semiconductor parts. As of 2023, LG Innotek Co Ltd has a market cap of 7.35T, making it one of the largest companies in South Korea. The company boasts a strong Return on Equity (ROE) of 17.95%, which is far higher than the average ROE of its sector peers. This is an indication that LG Innotek Co Ltd is efficiently utilizing its funds to generate more revenue and increase its profitability.
– Ryoyo Electro Corp ($TSE:8068)
Ryoyo Electro Corp is a leading global provider of electronic components and services that create value for its customers. With a market cap of 64.92 billion, the company has seen an impressive rate of growth over the past few years thanks to its diversified portfolio of products and services. Furthermore, Ryoyo Electro Corp boasts a Return on Equity (ROE) of 6.37%, which indicates that the company is generating a healthy return on its invested capital. The company has a global footprint and provides services to customers in over 100 countries, making it a major player in the electronics industry.
Summary
DBG TECHNOLOGY has been an attractive investment option for the last three years due to its steady dividend yield of 2.04%. The company has consistently paid an annual dividend per share of 0.2 CNY over the past three years, and its dividend yields have remained roughly the same, with 2021 yielding 2.07%, 2022 yielding 2.07%, and 2023 yielding 1.97%. With its steady dividend yield and reliable dividend payments, DBG TECHNOLOGY is a great choice for investors looking for a reliable and consistent return on their investments.
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