Shengda Network Technology Payout ratio
What is the Payout ratio of Shengda Network Technology?
The Payout ratio of Shengda Network Technology Inc. is N/A
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
What does Shengda Network Technology do?
Shengda Network Technology, Inc. provides portals for the sale of products offered by various manufacturers and merchants. It offers electronics, daily consumable products, food, and clothing. The company was formerly known as Soltrest Inc. Shengda Network Technology Inc. was incorporated in 2018 and is based in Jinhua, China.