Lingbao Gold Group Company Ltd., together with its subsidiaries, primarily engages in gold mining, smelting, and refining in the People's Republic of China. The company's products include gold bullion, silver, copper products, and sulphuric acid. It holds 31 mining and exploration rights with an area of 248.82 square kilometers. The company is also involved in the sale of mineral products, jewelry, machinery, equipment, and components for gold processing; mine engineering construction; and design of mineral engineering. In addition, it engages in the processing of metallurgy products; and the production and sale of precious metal products. The company was formerly known as Lingbao Gold Company Ltd. and changed its name to Lingbao Gold Group Company Ltd. in May 2017. Lingbao Gold Group Company Ltd. was founded in 2002 and is based in Causeway Bay, Hong Kong.
Lingbao Gold Dividend Announcement
• Lingbao Gold announced a semi annually dividend of HK$0.07 per ordinary share which will be made payable on 2024-07-31. Ex dividend date: 2024-05-31
• Lingbao Gold annual dividend for 2024 was HK$0.14
• Lingbao Gold's trailing twelve-month (TTM) dividend yield is 5.4%
Lingbao Gold Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-31 | HK$0.07 | semi annually | 2024-07-31 |
2024-05-22 | HK$0.07 | semi annually | 2024-07-31 |
2019-06-14 | HK$0.20 | semi annually | 2019-08-12 |
2013-06-05 | HK$0.07 | semi annually | 2013-07-24 |
2012-05-31 | HK$0.10 | semi annually | 2012-07-06 |
2011-05-03 | HK$0.10 | semi annually | 2011-07-06 |
2010-06-18 | HK$0.05 | semi annually | 2010-08-19 |
2008-05-08 | HK$0.10 | semi annually | 2008-06-27 |
2007-05-11 | HK$0.08 | semi annually | 2007-06-29 |
2006-05-12 | HK$0.08 | semi annually | 2006-07-18 |
Lingbao Gold Dividend per year
Lingbao Gold Dividend growth
Lingbao Gold Dividend Yield
Lingbao Gold current trailing twelve-month (TTM) dividend yield is 5.4%. Interested in purchasing Lingbao Gold stock? Use our calculator to estimate your expected dividend yield:
Lingbao Gold Financial Ratios
Lingbao Gold Dividend FAQ
Other factors to consider when evaluating Lingbao Gold 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: Lingbao Gold'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, Lingbao Gold 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, Lingbao Gold 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 Lingbao Gold 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: Lingbao Gold 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, Lingbao Gold distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lingbao Gold 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 Lingbao Gold'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 Lingbao Gold'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.