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Lanpec Technologies Limited engages in the manufacture and sale of petroleum and petrochemical equipment in China and internationally. The company offers oil drilling machinery, including mud pumps, AC and DC driven drilling rigs, DC driven cluster drilling rigs, and 1500-7000 meters series drilling rigs; and mud pumps, pump parts, pumping unit/parts, drill heads, screw drilling tools, and other downhole tools. It also provides refining and petrochemical equipment, such as shell-and-tube heat exchangers, welded corrugated plate air preheaters, circulating heat exchanging separators, liquefied natural gas open-rack gasifiers, surface evaporative air coolers, hydrogenation heat exchangers, gas-tube boilers, and thermal power plant plate air cooling and condensing units; liquid hydrocarbon spherical storage, cryogenic spherical, low temperature double shell spherical, and sludge digestion tanks; and synthesis towers, nitrogen storage tanks, and compressed natural gas tanks. In addition, the company offers offshore/onshore oil and gas fields engineering and equipment comprising oil, gas, and water separation, chemical injection, gas treatment, oily sewage treatment, utility, wellhead gathering and measuring, gas filtration and separation, and sludge catcher systems; LNG terminal receiving station, pig launchers and receivers, crude oil stabilizers, and triethylene glycol dehydration units. Further, it provides plate heat exchangers, plate and tubular evaporation, and plate sterilization units for light industry. The company was founded in 1960 and is based in Lanzhou, China. Lanpec Technologies Limited is a subsidiary of China Energy Engineering Group Co., Ltd.

Lanpec Technologies Dividend Announcement

• Lanpec Technologies announced a annually dividend of ¥0.02 per ordinary share which will be made payable on . Ex dividend date: 2016-07-15
• Lanpec Technologies's trailing twelve-month (TTM) dividend yield is -%
• Lanpec Technologies's payout ratio for the trailing twelve months (TTM) is -20.49%

Lanpec Technologies Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-07-15¥0.02annually
2015-07-15¥0.05annually
2014-07-16¥0.06annually
2013-07-04¥0.07annually
2012-06-18¥0.06annually

Lanpec Technologies Dividend per year

Lanpec Technologies Dividend growth

Lanpec Technologies Dividend Yield

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

Lanpec Technologies Financial Ratios

P/E ratio-22.22
PEG ratio-7.05
P/B ratio1.62
ROE-7.31%
Payout ratio-20.49%
Current ratio1.50
Quick ratio1.01
Cash Ratio0.20

Lanpec Technologies Dividend FAQ

Does Lanpec Technologies stock pay dividends?
Lanpec Technologies does not currently pay dividends to its shareholders.
Has Lanpec Technologies ever paid a dividend?
No, Lanpec Technologies has no a history of paying dividends to its shareholders. Lanpec Technologies is not known for its dividend payments.
Why doesn't Lanpec Technologies pay dividends?
There are several potential reasons why Lanpec Technologies 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 Lanpec Technologies 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 Lanpec Technologies 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 Lanpec Technologies a dividend aristocrat?
Lanpec Technologies 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 Lanpec Technologies a dividend king?
Lanpec Technologies 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 Lanpec Technologies a dividend stock?
No, Lanpec Technologies 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 Lanpec Technologies stocks?
To buy Lanpec Technologies 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 Lanpec Technologies 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.