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Linzhou Heavy Machinery Group Co., Ltd manufactures and sells coal mining machinery in China. The company offers roadheaders, shearers, belt conveyors, scraper conveyors, metal roof beams, fluid couplings, rescue cabins, and hydraulic support series, as well as electro-hydraulic control systems, casting and forging accessories, etc. It also involved in cast steel and forging business, energy equipment manufacturing, financial leasing services, and military equipment manufacturing, as well as explosion-proof electrical appliances, coal mine operation services, maintenance, and leasing services. Linzhou Heavy Machinery Group Co., Ltd was founded in 1982 and is based in Linzhou, China.

Linzhou Heavy Machinery Dividend Announcement

• Linzhou Heavy Machinery announced a annually dividend of ¥0.02 per ordinary share which will be made payable on . Ex dividend date: 2015-06-08
• Linzhou Heavy Machinery's trailing twelve-month (TTM) dividend yield is -%
• Linzhou Heavy Machinery's payout ratio for the trailing twelve months (TTM) is 45.72%

Linzhou Heavy Machinery Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-06-08¥0.02annually
2014-05-13¥0.08annually
2013-06-14¥0.08annually
2012-06-07¥0.10annually
2011-05-16¥0.06annually

Linzhou Heavy Machinery Dividend per year

Linzhou Heavy Machinery Dividend growth

Linzhou Heavy Machinery Dividend Yield

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

Linzhou Heavy Machinery Financial Ratios

P/E ratio18.10
PEG ratio1.03
P/B ratio4.44
ROE27.54%
Payout ratio45.72%
Current ratio0.68
Quick ratio0.54
Cash Ratio0.10

Linzhou Heavy Machinery Dividend FAQ

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