Longchen Paper & Packaging Co., Ltd. engages in the manufacturing, processing, and trading of paper raw materials in Taiwan and Mainland China. It manufactures, processes, and sells paper, paperboard, paper products, novel packaging materials, cartons and paper boxes, package printed, and cogeneration products. The company also manufactures, prints, processes, and trades in corrugated containers; and recycles and sells wastepaper. In addition, it engages in the recycling/renewal of energy and resources, including turnkey design, trial-run, and operation of cogeneration and incinerator systems. Further, the company is involved general investment; wholesale, import, and export of packaging materials, paper products, electronic products, and hardware; provision of consulting services, market information, and investment strategies for investors; and sewage treatment. Additionally, it offers prints for packaging and decoration, and color-printed paper cartons; and manufactures and sells cartons, pearl wool and foam, etc. The company was formerly known as Long Chen Paper Co., Ltd. and changed its name to Longchen Paper & Packaging Co., Ltd. in June 2019. Longchen Paper & Packaging Co., Ltd. was incorporated in 1978 and is based in Changhua, Taiwan.
Longchen Paper & Packaging Dividend Announcement
• Longchen Paper & Packaging announced a annually dividend of NT$0.25 per ordinary share which will be made payable on 2023-07-24. Ex dividend date: 2023-07-04
• Longchen Paper & Packaging annual dividend for 2023 was NT$0.25
• Longchen Paper & Packaging's trailing twelve-month (TTM) dividend yield is -%
• Longchen Paper & Packaging's payout ratio for the trailing twelve months (TTM) is 436.07%
• Longchen Paper & Packaging's dividend growth over the last five years (2018-2023) was -32.17% year
• Longchen Paper & Packaging's dividend growth over the last ten years (2013-2023) was -4.26% year
Longchen Paper & Packaging Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-07-04 | NT$0.25 | annually | 2023-07-24 |
2022-07-05 | NT$1.20 | annually | 2022-07-25 |
2021-07-01 | NT$0.60 | annually | 2021-07-23 |
2020-07-02 | NT$0.30 | annually | 2020-07-23 |
2019-06-28 | NT$0.50 | annually | 2019-07-19 |
2018-07-04 | NT$1.74 | annually | 2018-07-20 |
2017-07-10 | NT$1.48 | annually | 2017-07-27 |
2016-07-05 | NT$0.98 | annually | |
2015-07-09 | NT$0.88 | annually | |
2014-07-09 | NT$0.77 | annually | |
2013-07-04 | NT$0.39 | annually | |
2011-07-06 | NT$0.68 | annually |
Longchen Paper & Packaging Dividend per year
Longchen Paper & Packaging Dividend growth
Longchen Paper & Packaging Dividend Yield
Longchen Paper & Packaging current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Longchen Paper & Packaging stock? Use our calculator to estimate your expected dividend yield:
Longchen Paper & Packaging Financial Ratios
Longchen Paper & Packaging Dividend FAQ
Other factors to consider when evaluating Longchen Paper & Packaging 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: Longchen Paper & Packaging'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, Longchen Paper & Packaging 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, Longchen Paper & Packaging 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 Longchen Paper & Packaging 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: Longchen Paper & Packaging 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, Longchen Paper & Packaging distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Longchen Paper & Packaging 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 Longchen Paper & Packaging'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 Longchen Paper & Packaging'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.