Changzhou Langbo Sealing Technologies Co.,Ltd. produces and sells rubber sealing parts and rubber products in China. The company provides oil seals, O-rings, damping parts, and other rubber products. It also offers automotive products, such as automotive fuel system sealing parts, auto turbo tubes, auto gearbox fuel tanks, and auto engine oil seals; seal parts for automotive main cylinder of brakes and air conditioning compressor system; and rubber parts for automotive power steering and lamp systems, brake boosters and systems, and air conditioning piping systems. In addition, the company provides railway sleeper pads, positioning sleeves for bogie systems, motor air duct rubber parts, engineering machinery rubber parts, and aviation series rubber products. It serves rail transportation, machinery manufacturing, urban construction, and other fields, as well as automotive industry under the JMP brand. The company was founded in 1985 and is based in Changzhou, China.
Changzhou Langbo Sealing Technologies Dividend Announcement
• Changzhou Langbo Sealing Technologies announced a semi annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-10-29. Ex dividend date: 2024-10-29
• Changzhou Langbo Sealing Technologies annual dividend for 2024 was ¥0.12
• Changzhou Langbo Sealing Technologies annual dividend for 2023 was ¥0.05
• Changzhou Langbo Sealing Technologies's trailing twelve-month (TTM) dividend yield is 0.77%
• Changzhou Langbo Sealing Technologies's payout ratio for the trailing twelve months (TTM) is 26.41%
• Changzhou Langbo Sealing Technologies's dividend growth over the last five years (2018-2023) was -12.94% year
Changzhou Langbo Sealing Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-29 | ¥0.05 | semi annually | 2024-10-29 |
2024-07-16 | ¥0.07 | semi annually | 2024-07-16 |
2023-07-06 | ¥0.05 | semi annually | 2023-07-06 |
2022-08-01 | ¥0.10 | semi annually | 2022-08-01 |
2021-07-13 | ¥0.10 | semi annually | 2021-07-13 |
2020-07-28 | ¥0.07 | semi annually | 2020-07-28 |
2019-06-20 | ¥0.10 | semi annually | 2019-06-20 |
2018-07-10 | ¥0.10 | semi annually | 2018-07-10 |
Changzhou Langbo Sealing Technologies Dividend per year
Changzhou Langbo Sealing Technologies Dividend growth
Changzhou Langbo Sealing Technologies Dividend Yield
Changzhou Langbo Sealing Technologies current trailing twelve-month (TTM) dividend yield is 0.77%. Interested in purchasing Changzhou Langbo Sealing Technologies stock? Use our calculator to estimate your expected dividend yield:
Changzhou Langbo Sealing Technologies Financial Ratios
Changzhou Langbo Sealing Technologies Dividend FAQ
Other factors to consider when evaluating Changzhou Langbo Sealing Technologies as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Changzhou Langbo Sealing Technologies's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Changzhou Langbo Sealing Technologies publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Changzhou Langbo Sealing Technologies distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Changzhou Langbo Sealing Technologies are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Changzhou Langbo Sealing Technologies sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Changzhou Langbo Sealing Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Changzhou Langbo Sealing Technologies declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Changzhou Langbo Sealing Technologies's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Changzhou Langbo Sealing Technologies's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.