Lingyi Itech (Guangdong) Company engages in the research, development, production, and marketing of ferrite magnetic materials and new materials. The company offers permanent magnet ferrite components, soft magnetic ferrite components, thermal materials, conductive materials, and other functional materials. It also provides midstream precision functional parts, structural parts platform, module assembly platform, and FATP platform, as well as produces and sells precision functional parts, structural parts and modules, chargers, assembly, and automotive products. The company's products are used in consumer electronics, automotive control, smart security, smart wear and home, new materials, new energy vehicles, and other fields. It sells its products to Japan, Europe, the United States, Hong Kong, Taiwan, and other countries. The company was founded in 1975 and is based in Jiangmen, China.
Lingyi iTech Dividend Announcement
• Lingyi iTech announced a semi annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30
• Lingyi iTech annual dividend for 2024 was ¥0.03
• Lingyi iTech annual dividend for 2023 was ¥0.15
• Lingyi iTech's trailing twelve-month (TTM) dividend yield is 0.35%
• Lingyi iTech's payout ratio for the trailing twelve months (TTM) is 85.24%
Lingyi iTech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-30 | ¥0.03 | semi annually | 2024-05-30 |
2023-10-19 | ¥0.03 | semi annually | 2023-10-19 |
2023-07-07 | ¥0.12 | semi annually | 2023-07-07 |
2020-09-24 | ¥0.20 | semi annually | 2020-09-24 |
2017-07-17 | ¥0.10 | semi annually | 2017-07-17 |
2016-10-19 | ¥0.05 | semi annually | |
2015-04-10 | ¥0.10 | semi annually | |
2014-06-11 | ¥0.10 | semi annually | |
2013-06-24 | ¥0.10 | semi annually | |
2012-07-04 | ¥0.10 | semi annually |
Lingyi iTech Dividend per year
Lingyi iTech Dividend growth
Lingyi iTech Dividend Yield
Lingyi iTech current trailing twelve-month (TTM) dividend yield is 0.35%. Interested in purchasing Lingyi iTech stock? Use our calculator to estimate your expected dividend yield:
Lingyi iTech Financial Ratios
Lingyi iTech Dividend FAQ
Other factors to consider when evaluating Lingyi iTech 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: Lingyi iTech'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, Lingyi iTech 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, Lingyi iTech 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 Lingyi iTech 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: Lingyi iTech 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, Lingyi iTech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lingyi iTech 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 Lingyi iTech'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 Lingyi iTech'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.