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Lets Holdings Group Co., Ltd. engages in the research and development, production, and sale of construction materials in China and internationally. It provides concrete manufacturing and construction services for the nuclear power, ports, bridges, tunnels, highways, high-speed rail, subways, water conservancy, electric power, and other projects. The company also offers technical construction services, such as surveying, designing, testing, evaluation, consulting, and training for the life cycle of engineering feasibility study, construction, and operation and maintenance. In addition, it provides information and intelligent services for the Chinese construction industry; Internet-based industry supply chain big data services; and BIM- based building information and industrialization of intelligent system services. The company was formerly known as Xiamen Academy Of Building Research Group Co., Ltd. and changed its name to Lets Holdings Group Co., Ltd. in October 2019. Lets Holdings Group Co., Ltd. was founded in 1980 and is based in Xiamen, China.

Lets Dividend Announcement

Lets announced a annually dividend of ¥0.08 per ordinary share which will be made payable on 2024-06-17. Ex dividend date: 2024-06-17
Lets annual dividend for 2024 was ¥0.08
Lets annual dividend for 2023 was ¥0.08
Lets's trailing twelve-month (TTM) dividend yield is 1.81%
Lets's payout ratio for the trailing twelve months (TTM) is 190.69%
Lets's dividend growth over the last five years (2018-2023) was -16.74% year
Lets's dividend growth over the last ten years (2013-2023) was -2.21% year

Lets Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-17¥0.08annually2024-06-17
2023-05-12¥0.08annually2023-05-12
2022-06-08¥0.08annually2022-06-08
2021-05-18¥0.08annually2021-05-18
2020-06-24¥0.08annually2020-06-24
2019-05-23¥0.07annually2019-05-23
2018-06-11¥0.20annually2018-06-11
2017-05-31¥0.10annually2017-05-31
2016-05-26¥0.10annually
2015-05-28¥0.10annually
2014-05-13¥0.10annually
2013-05-28¥0.10annually

Lets Dividend per year

Lets Dividend growth

Lets Dividend Yield

Lets current trailing twelve-month (TTM) dividend yield is 1.81%. Interested in purchasing Lets stock? Use our calculator to estimate your expected dividend yield:

Lets Financial Ratios

P/E ratio35.25
PEG ratio0.35
P/B ratio0.84
ROE2.39%
Payout ratio190.69%
Current ratio2.34
Quick ratio2.27
Cash Ratio0.09

Lets Dividend FAQ

How much is the next Lets dividend?
Lets's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Lets dividend. The next Lets dividend will be released in May.
When is Lets dividend paid?
Lets pays dividends on a annually basis. The specific dates may vary each year but are generally around May. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Lets pay?
The specific amount of Lets dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Lets's dividend history.
Does Lets stock pay dividends?
Yes, Lets does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Lets's dividend history.
How much dividend does Lets pay?
Lets paid ¥0.08 in 2024, ¥0.08 in 2023, ¥0.08 in 2022, ¥0.08 in 2021, and ¥0.08 in 2020.
How often does Lets pay dividends?
Lets typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is Lets's dividend yield?
The current dividend yield for Lets is 1.81%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Lets's exact dividend yield.
When does Lets go ex dividend?
Lets's ex-dividend date for the latest dividend was on 2024-06-17. Lets typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Lets dividend paid?
Lets pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Lets increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Lets will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Lets dividend per share?
Lets paid ¥0.08 per share in 2024 and ¥0.08 per share in 2023. The amount of dividend per share that Lets pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Lets a dividend aristocrat?
No, 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 Lets a dividend king?
No, 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 Lets a dividend stock?
Yes, Lets is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Lets a good dividend stock?
Whether Lets is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Lets has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Lets 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.
Does Lets pay dividends monthly?
Lets typically pays dividends on a annually basis.
Does Lets pay dividends quarterly?
Lets currently pays dividends on a annually basis.
Has Lets ever paid a dividend?
Yes, Lets has a history of paying dividends to its shareholders. Lets is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Lets dividend stocks?
To buy Lets 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Lets 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.
When does Lets pay dividends 2024?
Lets pays dividends on a annually basis. 2024 dividend payments are in 2024-06-17. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Lets increase its dividend in 2024?
Decisions regarding Lets dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Lets dividend overview you can look into the above table of dividend history.
How Lets dividend works?
The Lets dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Lets's dividend process works:

1. Determination of Dividend: Lets'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, Lets 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, Lets 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 Lets 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.
How are Lets dividends paid?
Lets dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Lets 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, Lets distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Lets 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.
How many times does Lets pay dividends?
Lets typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Lets pay dividends?
The general pattern is that Lets pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Lets dividend safe?
The safety of Lets's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Lets'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 Lets'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.