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Lingda Group Co., Ltd. engages in the new energy industry development, ecological environment improvement, and energy saving activities in China. The company is involved in the research, development, procurement, production, processing, and sale of solar materials and solar power plants, and energy storage systems; import and export of solar energy and energy storage equipment, products, and technology; and investment and development of solar and wind power generation. It also offers technical consultation and technical services; solutions for household photovoltaics, industrial and commercial distributed photovoltaics, and ground photovoltaic power plants; and industrial hemp CBD pods and tea vaping products. Lingda Group Co., Ltd. was founded in 2005 and is based in Dalian, China.

Lingda Dividend Announcement

Lingda announced a annually dividend of ¥0.02 per ordinary share which will be made payable on . Ex dividend date: 2016-03-16
Lingda's trailing twelve-month (TTM) dividend yield is -%
Lingda's payout ratio for the trailing twelve months (TTM) is -8.12%

Lingda Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-03-16¥0.02annually
2015-06-12¥0.04annually
2014-05-27¥0.03annually
2013-05-17¥0.02annually
2012-05-10¥0.10annually
2011-05-20¥0.20annually

Lingda Dividend per year

Lingda Dividend growth

Lingda Dividend Yield

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

Lingda Financial Ratios

P/E ratio-3.46
PEG ratio-0.05
P/B ratio6.05
ROE-99.93%
Payout ratio-8.12%
Current ratio0.25
Quick ratio0.23
Cash Ratio0.01

Lingda Dividend FAQ

Does Lingda stock pay dividends?
Lingda does not currently pay dividends to its shareholders.
Has Lingda ever paid a dividend?
No, Lingda has no a history of paying dividends to its shareholders. Lingda is not known for its dividend payments.
Why doesn't Lingda pay dividends?
There are several potential reasons why Lingda would choose not to pay dividends to their shareholders:

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.
Will Lingda ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Lingda has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Lingda a dividend aristocrat?
Lingda is not considered a Dividend Aristocrat. 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 Lingda a dividend king?
Lingda is not classified as a "Dividend King". 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 Lingda a dividend stock?
No, Lingda is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Lingda stocks?
To buy Lingda 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Lingda 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.