Ling Yun Industrial Corporation Limited engages in the production and sale of automotive parts in China. It operates in three segments: Automotive Parts, Plastic Piping System, and Other. The company's products include automobile safety anti-collision and body structure parts systems; automobile battery system supporting products; automobile nylon piping and rubber piping systems; and various municipal engineering piping system and accessories. It is also involved in producing and selling PE piping systems; and burners and other products. The company was formerly known as Lingyun Auto Parts Co., Ltd. Ling Yun Industrial Corporation Limited is based in Zhuozhou, China.
Ling Yun Industrial Dividend Announcement
• Ling Yun Industrial announced a semi annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-10-11
• Ling Yun Industrial annual dividend for 2024 was ¥0.35
• Ling Yun Industrial annual dividend for 2023 was ¥0.11
• Ling Yun Industrial's trailing twelve-month (TTM) dividend yield is 2.87%
• Ling Yun Industrial's payout ratio for the trailing twelve months (TTM) is 58.32%
Ling Yun Industrial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-11 | ¥0.10 | semi annually | 2024-10-11 |
2024-07-12 | ¥0.25 | semi annually | 2024-07-12 |
2023-07-07 | ¥0.11 | semi annually | 2023-07-07 |
2022-06-24 | ¥0.10 | semi annually | 2022-06-24 |
2021-07-23 | ¥0.13 | semi annually | 2021-07-23 |
2019-09-30 | ¥0.20 | semi annually | 2019-09-30 |
2018-07-11 | ¥0.22 | semi annually | 2018-07-11 |
2017-06-14 | ¥0.14 | semi annually | 2017-06-14 |
2016-07-29 | ¥0.10 | semi annually | |
2015-06-05 | ¥0.12 | semi annually | |
2014-07-04 | ¥0.12 | semi annually | |
2013-06-17 | ¥0.10 | semi annually | |
2012-06-28 | ¥0.40 | semi annually |
Ling Yun Industrial Dividend per year
Ling Yun Industrial Dividend growth
Ling Yun Industrial Dividend Yield
Ling Yun Industrial current trailing twelve-month (TTM) dividend yield is 2.87%. Interested in purchasing Ling Yun Industrial stock? Use our calculator to estimate your expected dividend yield:
Ling Yun Industrial Financial Ratios
Ling Yun Industrial Dividend FAQ
Other factors to consider when evaluating Ling Yun Industrial 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: Ling Yun Industrial'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, Ling Yun Industrial 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, Ling Yun Industrial 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 Ling Yun Industrial 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: Ling Yun Industrial 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, Ling Yun Industrial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ling Yun Industrial 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 Ling Yun Industrial'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 Ling Yun Industrial'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.