Lao Feng Xiang Co., Ltd. operates in the jewelry industry in the People's Republic of China and internationally. It designs, produces, and sells gold, silver, platinum, diamonds, jade, pearls, gold inlays, colored gemstones, enamel, red coral, and other jewelry, as well as K gold glasses, and craft travel souvenirs. The company was formerly known as China First Pencil Co., Ltd. and changed its name to Lao Feng Xiang Co., Ltd. in July 2009. Lao Feng Xiang Co., Ltd. was founded in 1848 and is based in Shanghai, the People's Republic of China.
Lao Feng Xiang Dividend Announcement
• Lao Feng Xiang announced a annually dividend of ¥1.95 per ordinary share which will be made payable on 2024-07-09. Ex dividend date: 2024-07-09
• Lao Feng Xiang annual dividend for 2024 was ¥1.95
• Lao Feng Xiang annual dividend for 2023 was ¥1.46
• Lao Feng Xiang's trailing twelve-month (TTM) dividend yield is 3.9%
• Lao Feng Xiang's payout ratio for the trailing twelve months (TTM) is 97.98%
• Lao Feng Xiang's dividend growth over the last five years (2018-2023) was 6.82% year
• Lao Feng Xiang's dividend growth over the last ten years (2013-2023) was 9.30% year
Lao Feng Xiang Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-09 | ¥1.95 | annually | 2024-07-09 |
2023-07-07 | ¥1.46 | annually | 2023-07-07 |
2022-08-05 | ¥1.45 | annually | 2022-08-05 |
2021-07-30 | ¥1.25 | annually | 2021-07-30 |
2020-08-03 | ¥1.15 | annually | 2020-08-03 |
2019-08-14 | ¥1.10 | annually | 2019-08-14 |
2018-07-17 | ¥1.05 | annually | 2018-07-17 |
2017-07-17 | ¥1.00 | annually | 2017-07-17 |
2016-07-18 | ¥0.96 | annually | |
2015-08-10 | ¥0.90 | annually | |
2014-07-18 | ¥0.86 | annually | |
2013-08-08 | ¥0.60 | annually |
Lao Feng Xiang Dividend per year
Lao Feng Xiang Dividend growth
Lao Feng Xiang Dividend Yield
Lao Feng Xiang current trailing twelve-month (TTM) dividend yield is 3.9%. Interested in purchasing Lao Feng Xiang stock? Use our calculator to estimate your expected dividend yield:
Lao Feng Xiang Financial Ratios
Lao Feng Xiang Dividend FAQ
Other factors to consider when evaluating Lao Feng Xiang 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: Lao Feng Xiang'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, Lao Feng Xiang 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, Lao Feng Xiang 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 Lao Feng Xiang 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: Lao Feng Xiang 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, Lao Feng Xiang distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lao Feng Xiang 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 Lao Feng Xiang'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 Lao Feng Xiang'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.