Guangxi Liugong Machinery Co., Ltd. manufactures and sells construction machinery. It operates through three segments: Earth-Moving Machinery, Other Construction Machinery and Accessories, and Financial Services. The company offers excavators, wheel loaders, skid steer loaders, backhoe loaders, dozers, motor graders, rollers, pavers, cold planers, cranes, mining trucks, crushers, drilling rigs, diaphragm wall rigs, trench cutters, and material handling equipment, as well as parts and maintenance services. It also provides financial services to customers for the purchase of machinery products. The company serves agriculture, demolition, forestry, general construction, landscaping, material handling, mining, oil and gas, port, quarry and aggregate, road construction, and utility industries. Guangxi Liugong Machinery Co., Ltd. was founded in 1958 and is headquartered in Liuzhou, China.
Guangxi Liugong Machinery Dividend Announcement
• Guangxi Liugong Machinery announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-20. Ex dividend date: 2024-06-20
• Guangxi Liugong Machinery annual dividend for 2024 was ¥0.20
• Guangxi Liugong Machinery annual dividend for 2023 was ¥0.10
• Guangxi Liugong Machinery's trailing twelve-month (TTM) dividend yield is 1.75%
• Guangxi Liugong Machinery's payout ratio for the trailing twelve months (TTM) is 61.75%
• Guangxi Liugong Machinery's dividend growth over the last five years (2018-2023) was -2.82% year
• Guangxi Liugong Machinery's dividend growth over the last ten years (2013-2023) was -6.33% year
Guangxi Liugong Machinery Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-20 | ¥0.20 | annually | 2024-06-20 |
2023-06-21 | ¥0.10 | annually | 2023-06-21 |
2022-07-08 | ¥0.16 | annually | 2022-07-08 |
2021-06-18 | ¥0.28 | annually | 2021-06-18 |
2020-06-18 | ¥0.15 | annually | 2020-06-18 |
2019-05-28 | ¥0.15 | annually | 2019-05-28 |
2018-06-15 | ¥0.12 | annually | 2018-06-15 |
2017-06-21 | ¥0.08 | annually | 2017-06-21 |
2016-06-17 | ¥0.08 | annually | |
2015-06-12 | ¥0.12 | annually | |
2014-06-12 | ¥0.19 | annually | |
2013-06-20 | ¥0.19 | annually |
Guangxi Liugong Machinery Dividend per year
Guangxi Liugong Machinery Dividend growth
Guangxi Liugong Machinery Dividend Yield
Guangxi Liugong Machinery current trailing twelve-month (TTM) dividend yield is 1.75%. Interested in purchasing Guangxi Liugong Machinery stock? Use our calculator to estimate your expected dividend yield:
Guangxi Liugong Machinery Financial Ratios
Guangxi Liugong Machinery Dividend FAQ
Other factors to consider when evaluating Guangxi Liugong Machinery 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: Guangxi Liugong Machinery'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, Guangxi Liugong Machinery 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, Guangxi Liugong Machinery 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 Guangxi Liugong Machinery 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: Guangxi Liugong Machinery 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, Guangxi Liugong Machinery distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Guangxi Liugong Machinery 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 Guangxi Liugong Machinery'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 Guangxi Liugong Machinery'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.