China Lesso Group Holdings Limited, an investment holding company, manufactures and sells piping and building materials in China and internationally. The company offers piping systems for civil buildings, municipal engineering, home decoration, and agriculture applications; sanitary ware products, doors and windows, kitchen cabinets, integrated wardrobes, and water purifiers; and quartz stones, sealants, fire protection products, and valves. It also provides water environment treatment, waste gas treatment, solid waste disposal, dangerous waste disposal, soil remediation, engineering consultancy, environmental monitoring, environmental facility protection, ocean protection, environmental investment, and basic scientific research services. The company offers its products primarily to independent distributors, civil contractors, property developers, utility companies, and municipalities. The company was founded in 1986 and is headquartered in Foshan, China. China Lesso Group Holdings Limited operates as a subsidiary of New Fortune Star Limited.
China Lesso Dividend Announcement
• China Lesso announced a annually dividend of HK$0.20 per ordinary share which will be made payable on 2024-07-18. Ex dividend date: 2024-06-28
• China Lesso annual dividend for 2024 was HK$0.20
• China Lesso annual dividend for 2023 was HK$0.30
• China Lesso's trailing twelve-month (TTM) dividend yield is 6.21%
• China Lesso's payout ratio for the trailing twelve months (TTM) is 35.13%
• China Lesso's dividend growth over the last five years (2018-2023) was 1.39% year
• China Lesso's dividend growth over the last ten years (2013-2023) was 9.60% year
China Lesso Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | HK$0.20 | annually | 2024-07-18 |
2023-05-15 | HK$0.30 | annually | 2023-05-25 |
2022-07-04 | HK$0.26 | annually | 2022-07-22 |
2021-09-27 | HK$0.12 | annually | 2021-11-18 |
2021-06-21 | HK$0.38 | annually | 2021-07-19 |
2020-09-14 | HK$0.12 | annually | 2020-09-28 |
2020-05-27 | HK$0.28 | annually | 2020-06-11 |
2019-09-06 | HK$0.12 | annually | 2019-09-23 |
2019-05-30 | HK$0.20 | annually | 2019-06-17 |
2018-09-12 | HK$0.10 | annually | 2018-09-28 |
2018-05-29 | HK$0.18 | annually | 2018-06-13 |
2017-05-23 | HK$0.15 | annually | 2017-06-08 |
2016-05-17 | HK$0.13 | annually | 2016-05-27 |
2015-05-19 | HK$0.13 | annually | 2015-06-01 |
2014-06-05 | HK$0.12 | annually | 2014-06-20 |
2013-06-05 | HK$0.12 | annually | 2013-06-20 |
China Lesso Dividend per year
China Lesso Dividend growth
China Lesso Dividend Yield
China Lesso current trailing twelve-month (TTM) dividend yield is 6.21%. Interested in purchasing China Lesso stock? Use our calculator to estimate your expected dividend yield:
China Lesso Financial Ratios
China Lesso Dividend FAQ
Other factors to consider when evaluating China Lesso 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: China Lesso'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, China Lesso 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, China Lesso 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 China Lesso 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: China Lesso 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, China Lesso distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: China Lesso 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 China Lesso'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 China Lesso'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.