company-logo

Linhai Co.,Ltd. develops, manufactures, and sells motorcycles, all-terrain vehicles, mini tractors, generators, and multi-purpose engines in China and internationally. It primarily offers motorcycle-engines, small gasoline engines, mopeds, forestry machineries, fire-fighting machineries, and sprinklers for sports ground. The company was founded in 1956 and is based in Taizhou, China.

Linhai Dividend Announcement

Linhai announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-07-24. Ex dividend date: 2024-07-24
Linhai annual dividend for 2024 was ¥0.02
Linhai annual dividend for 2023 was ¥0.03
Linhai's trailing twelve-month (TTM) dividend yield is 0.22%
Linhai's payout ratio for the trailing twelve months (TTM) is 86.99%

Linhai Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-24¥0.02annually2024-07-24
2023-07-21¥0.03annually2023-07-21
2020-08-07¥0.04annually2020-08-07
2017-07-19¥0.04annually2017-07-19
2014-08-07¥0.05annually
2011-07-25¥0.04annually
2008-07-17¥0.05annually
2005-08-03¥0.04annually
2001-07-04¥0.05annually

Linhai Dividend per year

Linhai Dividend Yield

Linhai current trailing twelve-month (TTM) dividend yield is 0.22%. Interested in purchasing Linhai stock? Use our calculator to estimate your expected dividend yield:

Linhai Financial Ratios

P/E ratio161.05
PEG ratio7.23
P/B ratio4.33
ROE2.71%
Payout ratio86.99%
Current ratio1.50
Quick ratio1.20
Cash Ratio0.37

Linhai Dividend FAQ

Does Linhai stock pay dividends?
Linhai does not currently pay dividends to its shareholders.
Has Linhai ever paid a dividend?
No, Linhai has no a history of paying dividends to its shareholders. Linhai is not known for its dividend payments.
Why doesn't Linhai pay dividends?
There are several potential reasons why Linhai 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 Linhai 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 Linhai 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 Linhai a dividend aristocrat?
Linhai 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 Linhai a dividend king?
Linhai 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 Linhai a dividend stock?
No, Linhai 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 Linhai stocks?
To buy Linhai 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 Linhai 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.