GigaCloud Technology Inc Class A Ordinary Shares
GCTGigaCloud Technology Inc. is a global B2B e-commerce platform specializing in cloud-based logistics and supply chain solutions for wholesale and retail businesses. The company provides a digital marketplace that connects suppliers and buyers, offering services such as warehousing, inventory management, and shipping. GigaCloud aims to streamline international trade and enhance efficiency in the wholesale e-commerce sector.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 12, 2008 | $1.71 | 2008-06-11 | 2008-06-10 |
| May 15, 2008 | $4.08 | 2008-05-07 | 2008-05-10 |
| April 15, 2008 | $0.17 | 2008-03-27 | 2008-03-31 |
| January 15, 2008 | $0.17 | 2007-12-24 | 2007-12-27 |
| October 15, 2007 | $0.17 | 2007-09-25 | 2007-09-27 |
Dividends Summary
- GigaCloud Technology Inc Class A Ordinary Shares has issued 16 dividend payments over the past 3 years
- The most recent dividend was paid 6388 days ago, on June 12, 2008
- The highest dividend payed out to investors during this period was $4.08 per share
- The average dividend paid during this period was $0.53 per share.
Company News
GigaCloud Technology Inc has signed a definitive agreement to acquire 100% of New Classic Home Furnishings for $18 million, to be funded from existing cash reserves. The transaction is expected to close on January 2, 2026.
GigaCloud Technology's COO, Xinyan Hao, sold 90,000 shares worth $2.8 million, reducing his holdings to 596,805 shares. Despite the sale, the company shows strong financial performance with Q3 sales rising 10% and a solid balance sheet.
GigaCloud Technology Inc has signed a binding term sheet to acquire New Classic Home Furnishing for $18 million, strategically expanding its B2B marketplace capabilities and diversifying its supply chain across North America and Southeast Asia.
GigaCloud Technology Inc. (GCT) is set to report its second-quarter 2024 results on August 6. The company's earnings and revenue are expected to show significant year-over-year growth, but the stock is currently in a correction phase and may not be poised for an earnings beat.
Stay informed about GigaCloud Technology Inc.'s market volatility and why investors should be cautious of profit-motivated bearish reports.
