Landai Technology Group Corp., Ltd. primarily engages in the research, design, development, manufacture, and sale of power transmission assemblies, transmission parts, and die-casting products for the automotive, textile machinery, and general machinery markets in China. The company offers manual and automatic transmission assemblies, new energy reducers, and textile machinery transmission assemblies; and automobile transmission gears, shafts, synchronizers, and other parts, as well as balance box/shafts, and transmission case/cylinder. It also provides automobile engine gears, shafts, and other parts; textile machinery parts; automobile engine cylinder transmission and steering gear shells; mechanical die-casting parts; and other products. In addition, the company researches, develops, produces, and sells products related to the integration of touch screens and touch displays, such as capacitive touch screens, touch display modules, cover glasses, touch sensors, and other products for use in tablet computers, laptops, industrial control terminals, IoT smart devices, automotive electronics, and other information terminals. It also exports its products to the Middle East. The company was formerly known as Chongqing Landai Powertrain Corp., Ltd. and changed its name to Landai Technology Group Corp., Ltd. in October 2020. Landai Technology Group Corp., Ltd. was founded in 1996 and is based in Chongqing, the People's Republic of China.
Landai Technology Dividend Announcement
• Landai Technology announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2023-06-15. Ex dividend date: 2023-06-15
• Landai Technology annual dividend for 2023 was ¥0.05
• Landai Technology's trailing twelve-month (TTM) dividend yield is -%
• Landai Technology's payout ratio for the trailing twelve months (TTM) is -4.23%
Landai Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-06-15 | ¥0.05 | annually | 2023-06-15 |
2022-05-13 | ¥0.05 | annually | 2022-05-13 |
2018-06-25 | ¥0.05 | annually | 2018-06-25 |
2017-05-12 | ¥0.10 | annually | 2017-05-12 |
2016-05-20 | ¥0.25 | annually |
Landai Technology Dividend per year
Landai Technology Dividend growth
Landai Technology Dividend Yield
Landai Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Landai Technology stock? Use our calculator to estimate your expected dividend yield:
Landai Technology Financial Ratios
Landai Technology Dividend FAQ
Other factors to consider when evaluating Landai Technology 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: Landai Technology'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, Landai Technology 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, Landai Technology 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 Landai Technology 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: Landai Technology 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, Landai Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Landai Technology 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 Landai Technology'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 Landai Technology'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.