Litu Holdings Limited, an investment holding company, operates in the printing and packaging industry in the People's Republic of China, Indonesia, the United States, and South Korea. It operates in three segments: Printing and Manufacturing of Cigarette Packages and Related Materials; Manufacturing of Laminated Papers; and Sales of RFID Products. It is involved in the manufacturing of paper packaging materials, laminated papers, and radio frequency identification products; printing of packages and decoration matters; research and development on printing technology; and wholesale, import, and export of the packaging products and other related services. The company was formerly known as Brilliant Circle Holdings International Limited and changed its name to Litu Holdings Limited in December 2021. Litu Holdings Limited was founded in 1990 and is headquartered in Fanling, Hong Kong.
Litu Dividend Announcement
• Litu announced a annually dividend of HK$0.02 per ordinary share which will be made payable on 2024-11-08. Ex dividend date: 2024-10-14
• Litu annual dividend for 2024 was HK$0.02
• Litu annual dividend for 2023 was HK$0.04
• Litu's trailing twelve-month (TTM) dividend yield is 11.76%
• Litu's payout ratio for the trailing twelve months (TTM) is -44.50%
Litu Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-14 | HK$0.02 | annually | 2024-11-08 |
2023-06-14 | HK$0.04 | annually | 2023-07-07 |
2021-06-18 | HK$0.10 | annually | 2021-07-05 |
2020-06-18 | HK$0.19 | annually | 2020-07-08 |
2018-06-19 | HK$0.13 | annually | 2018-07-10 |
2017-06-07 | HK$0.15 | annually | 2017-06-19 |
2016-02-25 | HK$0.15 | annually | 2016-03-11 |
2015-09-10 | HK$0.26 | annually | 2015-09-30 |
2014-06-05 | HK$0.09 | annually | 2014-06-17 |
2013-06-05 | HK$0.17 | annually | 2013-06-14 |
2012-06-01 | HK$0.16 | annually | |
2011-09-14 | HK$0.05 | annually | 2011-09-20 |
Litu Dividend per year
Litu Dividend growth
Litu Dividend Yield
Litu current trailing twelve-month (TTM) dividend yield is 11.76%. Interested in purchasing Litu stock? Use our calculator to estimate your expected dividend yield:
Litu Financial Ratios
Litu Dividend FAQ
Other factors to consider when evaluating Litu 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: Litu'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, Litu 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, Litu 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 Litu 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: Litu 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, Litu distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Litu 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 Litu'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 Litu'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.