LC Logistics, Inc., a freight forwarding company, provides integrated cross-border seaborne logistics and time charter services worldwide. The company offers cross-border logistics services, including logistics solutions consultancy, shipping arrangement, ground transportation, warehousing before departure, customs clearance before departure, cross-border seaborne transportation, customs clearance after arrival, warehousing, and other value-added services after arrival and last-mile delivery. It also hires out company owned container vessels or chartered in from third parties under time charter services. The company was founded in 2004 and is based in Qingdao, the People's Republic of China.
LC Logistics Dividend Announcement
• LC Logistics announced a annually dividend of HK$0.16 per ordinary share which will be made payable on 2024-12-20. Ex dividend date: 2024-11-21
• LC Logistics annual dividend for 2024 was HK$0.16
• LC Logistics's trailing twelve-month (TTM) dividend yield is 0.78%
LC Logistics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-21 | HK$0.16 | annually | 2024-12-20 |
LC Logistics Dividend per year
LC Logistics Dividend Yield
LC Logistics current trailing twelve-month (TTM) dividend yield is 0.78%. Interested in purchasing LC Logistics stock? Use our calculator to estimate your expected dividend yield:
LC Logistics Financial Ratios
LC Logistics Dividend FAQ
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.
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