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Jiangsu Luokai Mechanical & Electrical Co., Ltd. engages in the research, development, production, and sale of key apparatus on high and low voltage electrical distribution equipment in China. The company offers low and medium voltage mechanisms, cassettes, main shafts, and load switches; and electromagnets, auxiliary and transfer switches, auxiliary alarms, release products, motor operators, and mid voltage contact products. It also exports its products to the United States, France, Italy, Holland, India, and other countries. The company was founded in 1970 and is based in Changzhou, China.

Jiangsu Luokai Mechanical &Electrical Dividend Announcement

Jiangsu Luokai Mechanical &Electrical announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-28
Jiangsu Luokai Mechanical &Electrical annual dividend for 2024 was ¥0.10
Jiangsu Luokai Mechanical &Electrical annual dividend for 2023 was ¥0.10
Jiangsu Luokai Mechanical &Electrical 's trailing twelve-month (TTM) dividend yield is 0.71%
Jiangsu Luokai Mechanical &Electrical 's payout ratio for the trailing twelve months (TTM) is 22.03%
Jiangsu Luokai Mechanical &Electrical 's dividend growth over the last five years (2018-2023) was -0.20% year

Jiangsu Luokai Mechanical &Electrical Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-28¥0.10annually2024-06-28
2023-07-07¥0.10annually2023-07-07
2022-08-01¥0.10annually2022-08-01
2021-08-19¥0.10annually2021-08-19
2020-07-24¥0.10annually2020-07-24
2019-07-12¥0.11annually2019-07-12
2018-07-13¥0.10annually2018-07-13

Jiangsu Luokai Mechanical &Electrical Dividend per year

Jiangsu Luokai Mechanical &Electrical Dividend growth

Jiangsu Luokai Mechanical &Electrical Dividend Yield

Jiangsu Luokai Mechanical &Electrical current trailing twelve-month (TTM) dividend yield is 0.71%. Interested in purchasing Jiangsu Luokai Mechanical &Electrical stock? Use our calculator to estimate your expected dividend yield:

Jiangsu Luokai Mechanical &Electrical Financial Ratios

P/E ratio19.65
PEG ratio-1.07
P/B ratio2.26
ROE11.88%
Payout ratio22.03%
Current ratio1.57
Quick ratio1.24
Cash Ratio0.16

Jiangsu Luokai Mechanical &Electrical Dividend FAQ

How much is the next Jiangsu Luokai Mechanical &Electrical dividend?
Jiangsu Luokai Mechanical &Electrical 's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Jiangsu Luokai Mechanical &Electrical dividend. The next Jiangsu Luokai Mechanical &Electrical dividend will be released in July.
When is Jiangsu Luokai Mechanical &Electrical dividend paid?
Jiangsu Luokai Mechanical &Electrical pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Jiangsu Luokai Mechanical &Electrical pay?
The specific amount of Jiangsu Luokai Mechanical &Electrical dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Jiangsu Luokai Mechanical &Electrical 's dividend history.
Does Jiangsu Luokai Mechanical &Electrical stock pay dividends?
Yes, Jiangsu Luokai Mechanical &Electrical does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Jiangsu Luokai Mechanical &Electrical 's dividend history.
How much dividend does Jiangsu Luokai Mechanical &Electrical pay?
Jiangsu Luokai Mechanical &Electrical paid ¥0.1 in 2024, ¥0.1 in 2023, ¥0.1 in 2022, ¥0.1 in 2021, and ¥0.1 in 2020.
How often does Jiangsu Luokai Mechanical &Electrical pay dividends?
Jiangsu Luokai Mechanical &Electrical typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Jiangsu Luokai Mechanical &Electrical 's dividend yield?
The current dividend yield for Jiangsu Luokai Mechanical &Electrical is 0.71%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Jiangsu Luokai Mechanical &Electrical 's exact dividend yield.
When does Jiangsu Luokai Mechanical &Electrical go ex dividend?
Jiangsu Luokai Mechanical &Electrical 's ex-dividend date for the latest dividend was on 2024-06-28. Jiangsu Luokai Mechanical &Electrical typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Jiangsu Luokai Mechanical &Electrical dividend paid?
Jiangsu Luokai Mechanical &Electrical pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Jiangsu Luokai Mechanical &Electrical increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Jiangsu Luokai Mechanical &Electrical will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Jiangsu Luokai Mechanical &Electrical dividend per share?
Jiangsu Luokai Mechanical &Electrical paid ¥0.1 per share in 2024 and ¥0.1 per share in 2023. The amount of dividend per share that Jiangsu Luokai Mechanical &Electrical pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Jiangsu Luokai Mechanical &Electrical a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Jiangsu Luokai Mechanical &Electrical a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Jiangsu Luokai Mechanical &Electrical a dividend stock?
Yes, Jiangsu Luokai Mechanical &Electrical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Jiangsu Luokai Mechanical &Electrical a good dividend stock?
Whether Jiangsu Luokai Mechanical &Electrical is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Jiangsu Luokai Mechanical &Electrical has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Jiangsu Luokai Mechanical &Electrical 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.
Does Jiangsu Luokai Mechanical &Electrical pay dividends monthly?
Jiangsu Luokai Mechanical &Electrical typically pays dividends on a annually basis.
Does Jiangsu Luokai Mechanical &Electrical pay dividends quarterly?
Jiangsu Luokai Mechanical &Electrical currently pays dividends on a annually basis.
Has Jiangsu Luokai Mechanical &Electrical ever paid a dividend?
Yes, Jiangsu Luokai Mechanical &Electrical has a history of paying dividends to its shareholders. Jiangsu Luokai Mechanical &Electrical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Jiangsu Luokai Mechanical &Electrical dividend stocks?
To buy Jiangsu Luokai Mechanical &Electrical you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Jiangsu Luokai Mechanical &Electrical stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Jiangsu Luokai Mechanical &Electrical pay dividends 2024?
Jiangsu Luokai Mechanical &Electrical pays dividends on a annually basis. 2024 dividend payments are in 2024-06-28. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Jiangsu Luokai Mechanical &Electrical increase its dividend in 2024?
Decisions regarding Jiangsu Luokai Mechanical &Electrical dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Jiangsu Luokai Mechanical &Electrical dividend overview you can look into the above table of dividend history.
How Jiangsu Luokai Mechanical &Electrical dividend works?
The Jiangsu Luokai Mechanical &Electrical dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Jiangsu Luokai Mechanical &Electrical 's dividend process works:

1. Determination of Dividend: Jiangsu Luokai Mechanical &Electrical '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 Luokai Mechanical &Electrical 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 Luokai Mechanical &Electrical 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 Luokai Mechanical &Electrical 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.
How are Jiangsu Luokai Mechanical &Electrical dividends paid?
Jiangsu Luokai Mechanical &Electrical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Jiangsu Luokai Mechanical &Electrical 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 Luokai Mechanical &Electrical 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 Luokai Mechanical &Electrical 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.
How many times does Jiangsu Luokai Mechanical &Electrical pay dividends?
Jiangsu Luokai Mechanical &Electrical typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Jiangsu Luokai Mechanical &Electrical pay dividends?
The general pattern is that Jiangsu Luokai Mechanical &Electrical pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Jiangsu Luokai Mechanical &Electrical dividend safe?
The safety of Jiangsu Luokai Mechanical &Electrical 's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Jiangsu Luokai Mechanical &Electrical '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 Luokai Mechanical &Electrical '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.