Longhua Technology Group Co.,Ltd. manufactures and sells heat transfer and energy-saving equipment in China. It offers indium tin oxide target materials and high-purity sputtering targets, which are used in single crystal furnace, steel, medical, military, and other industries; and binding processing and technical services of metal targets, special functional ceramic targets, and related new materials. The company also provides resin composite, structural foam, rubber-plastic, metal-non-metal composite, functional integrated, and other structural materials which are used in rail transit, military security, lightweight structures and other industries; resin-based structural and functional integrated composite materials for ships, and marine engineering. In addition, it offers heat transfer and energy saving equipment, which are used in coal chemical, petrochemical, metallurgy, shipbuilding, and other industrial fields; and undertakes industrial condensate treatment wastewater reuse, industrial wastewater discharge standards, and zero-discharge treatment. Longhua Technology Group Co.,Ltd. was founded in 1995 and is headquartered in Luoyang, China.
Longhua Technology Dividend Announcement
• Longhua Technology announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29
• Longhua Technology annual dividend for 2024 was ¥0.03
• Longhua Technology annual dividend for 2023 was ¥0.03
• Longhua Technology's trailing twelve-month (TTM) dividend yield is 0.4%
• Longhua Technology's payout ratio for the trailing twelve months (TTM) is 54.66%
• Longhua Technology's dividend growth over the last five years (2018-2023) was 24.57% year
• Longhua Technology's dividend growth over the last ten years (2013-2023) was -11.34% year
Longhua Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-29 | ¥0.03 | annually | 2024-05-29 |
2023-05-18 | ¥0.03 | annually | 2023-05-18 |
2022-05-31 | ¥0.03 | annually | 2022-05-31 |
2021-05-31 | ¥0.03 | annually | 2021-05-31 |
2020-05-29 | ¥0.02 | annually | 2020-05-29 |
2019-04-19 | ¥0.02 | annually | 2019-04-19 |
2018-05-24 | ¥0.01 | annually | 2018-05-24 |
2017-06-20 | ¥0.01 | annually | 2017-06-20 |
2016-06-22 | ¥0.04 | annually | |
2015-05-25 | ¥0.04 | annually | |
2014-04-03 | ¥0.16 | annually | |
2013-05-29 | ¥0.10 | annually |
Longhua Technology Dividend per year
Longhua Technology Dividend growth
Longhua Technology Dividend Yield
Longhua Technology current trailing twelve-month (TTM) dividend yield is 0.4%. Interested in purchasing Longhua Technology stock? Use our calculator to estimate your expected dividend yield:
Longhua Technology Financial Ratios
Longhua Technology Dividend FAQ
Other factors to consider when evaluating Longhua Technology 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: Longhua Technology'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, Longhua Technology 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, Longhua Technology 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 Longhua Technology 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: Longhua Technology 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, Longhua Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Longhua Technology 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 Longhua Technology'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 Longhua Technology'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.