Launch Tech Company Limited, together with its subsidiaries, provides products and services to the automotive aftermarket and the automobile industry in the People's Republic of China and internationally. It operates through three segments: Automotive Diagnosis, Lift, and Overseas Sales. The company is involved in the research and development, production, and sale of car diagnosis, testing, and maintenance equipment; development, production, and sale of automotive diagnosis, inspection, repair, and maintenance software; development, production, and sale of auto electronic products; and provision of information network services. It also provides consulting services of electronic products and technical; technology exchange, transfer, and promotion; artificial intelligence public data platform; software development; big data technology services; health care management consultation and health care products development services; mobile phones and communication products; and Internet information consultation services, as well as develops, trades in, and sells computer software and hardware, and peripherals. In addition, the company engages in the development and distribution of electronic products and chips; development, distribution, and sale of computer software and hardware technology; computer network project, computer graphic design, and corporate image planning businesses; and provision of goods and technologies import and export, and agent services activities. Further, it is involved in the production of automobiles maintenance machines and equipment, and automobile warranty machines, such as automobile spray booths, tire balancers, tire changers, 4-wheel aligners, frame racks, and automobile testing lines; and development and sale of computer software, information system software, and car sharing technology. The company was founded in 1992 and is headquartered in Shenzhen, the People's Republic of China.
Launch Tech Dividend Announcement
• Launch Tech announced a semi annually dividend of HK$0.22 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-22
• Launch Tech annual dividend for 2024 was HK$0.48
• Launch Tech annual dividend for 2023 was HK$0.37
• Launch Tech's trailing twelve-month (TTM) dividend yield is 7.68%
Launch Tech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-22 | HK$0.22 | semi annually | 2024-09-13 |
2024-05-17 | HK$0.26 | semi annually | 2024-06-12 |
2023-08-22 | HK$0.37 | semi annually | 2023-09-29 |
2019-06-28 | HK$0.10 | semi annually | 2019-08-30 |
2018-04-19 | HK$0.31 | semi annually | 2018-06-08 |
2017-08-04 | HK$0.23 | semi annually | 2017-09-29 |
2012-06-12 | HK$1.80 | semi annually | 2012-07-13 |
2010-04-22 | HK$0.03 | semi annually | 2010-06-30 |
2009-05-14 | HK$0.02 | semi annually | 2009-07-30 |
2008-03-19 | HK$0.05 | semi annually | 2008-05-19 |
2007-04-26 | HK$0.04 | semi annually | 2007-07-31 |
2006-04-21 | HK$0.04 | semi annually | 2006-07-15 |
2005-04-14 | HK$0.04 | semi annually | 2005-06-30 |
Launch Tech Dividend per year
Launch Tech Dividend growth
Launch Tech Dividend Yield
Launch Tech current trailing twelve-month (TTM) dividend yield is 7.68%. Interested in purchasing Launch Tech stock? Use our calculator to estimate your expected dividend yield:
Launch Tech Financial Ratios
Launch Tech Dividend FAQ
Other factors to consider when evaluating Launch Tech 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: Launch Tech'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, Launch Tech 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, Launch Tech 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 Launch Tech 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: Launch Tech 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, Launch Tech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Launch Tech 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 Launch Tech'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 Launch Tech'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.