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Lakala Payment Co., Ltd. provides third-party payment and financial technology services in China. The company offers integrated payment solutions for insurance industry; real estate industry solutions; installment payment services; and supply chain solutions for retail industry. It also provides Kara intelligent POS, money treasures Kara, Kara income section Po, Kara cloud shop, Kara collection code, Kara shop portal, and other products to supermarkets, convenience stores, community retails, logistics, catering, property, insurance, trade and other industries. In addition, the company offers payment acquiring and business services to small and medium micro businesses. The company was founded in 2005 and is based in Beijing, China.

Lakala Payment Dividend Announcement

Lakala Payment announced a semi annually dividend of ¥0.40 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-09-06
Lakala Payment annual dividend for 2024 was ¥0.90
Lakala Payment's trailing twelve-month (TTM) dividend yield is 6.28%
Lakala Payment's payout ratio for the trailing twelve months (TTM) is 207.94%

Lakala Payment Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-06¥0.40semi annually2024-09-06
2024-06-07¥0.50semi annually2024-06-07
2021-05-17¥1.00semi annually2021-05-17
2020-06-01¥4.00semi annually2020-06-01

Lakala Payment Dividend per year

Lakala Payment Dividend Yield

Lakala Payment current trailing twelve-month (TTM) dividend yield is 6.28%. Interested in purchasing Lakala Payment stock? Use our calculator to estimate your expected dividend yield:

Lakala Payment Financial Ratios

P/E ratio46.51
PEG ratio0.46
P/B ratio4.58
ROE9.30%
Payout ratio207.94%
Current ratio0.98
Quick ratio0.98
Cash Ratio0.87

Lakala Payment Dividend FAQ

Does Lakala Payment stock pay dividends?
Lakala Payment does not currently pay dividends to its shareholders.
Has Lakala Payment ever paid a dividend?
No, Lakala Payment has no a history of paying dividends to its shareholders. Lakala Payment is not known for its dividend payments.
Why doesn't Lakala Payment pay dividends?
There are several potential reasons why Lakala Payment would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Lakala Payment ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Lakala Payment has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Lakala Payment a dividend aristocrat?
Lakala Payment is not considered a Dividend Aristocrat. 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 Lakala Payment a dividend king?
Lakala Payment is not classified as a "Dividend King". 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 Lakala Payment a dividend stock?
No, Lakala Payment is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Lakala Payment stocks?
To buy Lakala Payment 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Lakala Payment 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.