Fujian Longxi Bearing (Group) Co., Ltd produces and sells spherical plain bearings, tapered roller bearings, and rolling components in China and internationally. The company's principal products include deep groove ball, agricultural, and non-standard bearings; loader and fine machine gears; and stalk bearing loader gearboxes. ts products also comprise automobile mufflers, shock eliminators, maintenance-free panels, and bearing bush products; linear guide and ball screws; and rod ends. The company's products are used in loader, motor grader, digger, road roller, forklift truck, heavy truck, aerospace field, aviation, hydropower project, metallurgical machinery, port machinery, railway transportation, architecture, scientific research equipment, food machinery, industrial piping systems standard support, and engineering machinery applications. Fujian Longxi Bearing (Group) Co., Ltd was founded in 1958 and is based in Zhangzhou, China.
Fujian Longxi Bearing Dividend Announcement
• Fujian Longxi Bearing announced a annually dividend of ¥0.13 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-27
• Fujian Longxi Bearing annual dividend for 2024 was ¥0.13
• Fujian Longxi Bearing 's trailing twelve-month (TTM) dividend yield is 1.25%
• Fujian Longxi Bearing 's payout ratio for the trailing twelve months (TTM) is 38.98%
Fujian Longxi Bearing Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | ¥0.13 | annually | 2024-06-27 |
2022-06-23 | ¥0.12 | annually | 2022-06-23 |
2021-06-25 | ¥0.11 | annually | 2021-06-25 |
2020-06-24 | ¥0.11 | annually | 2020-06-24 |
2019-06-21 | ¥0.10 | annually | 2019-06-21 |
2018-06-28 | ¥0.10 | annually | 2018-06-28 |
2017-06-29 | ¥0.10 | annually | 2017-06-29 |
2016-06-30 | ¥0.10 | annually | |
2015-07-24 | ¥0.10 | annually | |
2014-08-05 | ¥0.10 | annually | |
2013-07-19 | ¥0.10 | annually | |
2012-06-26 | ¥0.10 | annually |
Fujian Longxi Bearing Dividend per year
Fujian Longxi Bearing Dividend growth
Fujian Longxi Bearing Dividend Yield
Fujian Longxi Bearing current trailing twelve-month (TTM) dividend yield is 1.25%. Interested in purchasing Fujian Longxi Bearing stock? Use our calculator to estimate your expected dividend yield:
Fujian Longxi Bearing Financial Ratios
Fujian Longxi Bearing Dividend FAQ
Other factors to consider when evaluating Fujian Longxi Bearing 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: Fujian Longxi Bearing '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, Fujian Longxi Bearing 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, Fujian Longxi Bearing 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 Fujian Longxi Bearing 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: Fujian Longxi Bearing 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, Fujian Longxi Bearing distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Fujian Longxi Bearing 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 Fujian Longxi Bearing '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 Fujian Longxi Bearing '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.