Jiangsu Lianfa Textile Co.,Ltd, together with its subsidiaries, engages in the textile business in China. It is involved in yarn spinning, dyeing, weaving, finishing, and printing activities. The company offers fabric products, such as cotton fabrics and functional finishing fabrics; garments, including men's formal and casual shirts, and women's formal shirts and casual wear; and yarn products. It also engages in suppling steam and compressed air; and the thermal power generation, trading, logistics, and water treatment activities. The company exports its products to 30 countries, including Japan, the United States, Europe, and South East Asia. Jiangsu Lianfa Textile Co.,Ltd was founded in 1955 and is headquartered in Nantong, China.
Jiangsu Lianfa Textile Dividend Announcement
• Jiangsu Lianfa Textile announced a annually dividend of ¥0.80 per ordinary share which will be made payable on 2023-11-22. Ex dividend date: 2023-11-22
• Jiangsu Lianfa Textile annual dividend for 2023 was ¥0.80
• Jiangsu Lianfa Textile's trailing twelve-month (TTM) dividend yield is -%
• Jiangsu Lianfa Textile's payout ratio for the trailing twelve months (TTM) is 207.87%
Jiangsu Lianfa Textile Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-11-22 | ¥0.80 | annually | 2023-11-22 |
2021-05-24 | ¥0.30 | annually | 2021-05-24 |
2020-09-22 | ¥0.30 | annually | 2020-09-22 |
2020-05-28 | ¥0.20 | annually | 2020-05-28 |
2019-09-20 | ¥0.30 | annually | 2019-09-20 |
2019-05-28 | ¥0.30 | annually | 2019-05-28 |
2018-09-21 | ¥0.25 | annually | 2018-09-21 |
2018-06-26 | ¥0.50 | annually | 2018-06-26 |
2017-10-18 | ¥0.20 | annually | 2017-10-18 |
2017-06-05 | ¥0.30 | annually | 2017-06-05 |
2016-10-12 | ¥0.30 | annually | |
2016-05-25 | ¥0.30 | annually | |
2015-09-29 | ¥0.30 | annually | |
2015-05-22 | ¥0.20 | annually | |
2014-09-30 | ¥0.20 | annually | |
2014-06-05 | ¥0.20 | annually | |
2013-09-13 | ¥0.20 | annually | |
2013-05-23 | ¥0.20 | annually | |
2012-09-07 | ¥0.15 | annually | |
2012-05-30 | ¥0.20 | annually | |
2011-09-09 | ¥0.15 | annually | |
2011-06-01 | ¥0.30 | annually |
Jiangsu Lianfa Textile Dividend per year
Jiangsu Lianfa Textile Dividend growth
Jiangsu Lianfa Textile Dividend Yield
Jiangsu Lianfa Textile current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jiangsu Lianfa Textile stock? Use our calculator to estimate your expected dividend yield:
Jiangsu Lianfa Textile Financial Ratios
Jiangsu Lianfa Textile Dividend FAQ
Other factors to consider when evaluating Jiangsu Lianfa Textile 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: Jiangsu Lianfa Textile'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, Jiangsu Lianfa Textile 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, Jiangsu Lianfa Textile 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 Jiangsu Lianfa Textile 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: Jiangsu Lianfa Textile 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, Jiangsu Lianfa Textile distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jiangsu Lianfa Textile 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 Jiangsu Lianfa Textile'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 Jiangsu Lianfa Textile'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.