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Longjian Road&Bridge Co.,Ltd engages in the construction of roads and bridges in China and internationally. It is also involved in provision of general contracting services for municipal public engineering construction, highway pavement engineering, highway subgrade engineering, bridge engineering, and tunnel engineering. The company was formerly known as Beiman Special Steel Co., Ltd. and changed its name to Longjian Road&Bridge Co.,Ltd in May 2002. Longjian Road&Bridge Co.,Ltd was founded in 1993 and is based in Harbin, China.

Longjian Road&Bridge Dividend Announcement

Longjian Road&Bridge announced a annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-07-25. Ex dividend date: 2024-07-25
Longjian Road&Bridge annual dividend for 2024 was ¥0.04
Longjian Road&Bridge's trailing twelve-month (TTM) dividend yield is 0.91%
Longjian Road&Bridge's payout ratio for the trailing twelve months (TTM) is 114.67%

Longjian Road&Bridge Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-25¥0.04annually2024-07-25
2022-07-07¥0.04annually
2020-12-03¥0.02annually
2020-06-22¥0.02annually
2019-07-29¥0.02annually
2018-12-17¥0.01annually
2018-08-06¥0.01annually
2017-07-24¥0.02annually
2016-07-18¥0.01annually
2015-08-10¥0.01annually
2014-08-25¥0.01annually
2013-07-22¥0.01annually
2012-07-02¥0.01annually
2011-06-20¥0.01annually

Longjian Road&Bridge Dividend per year

Longjian Road&Bridge Dividend growth

Longjian Road&Bridge Dividend Yield

Longjian Road&Bridge current trailing twelve-month (TTM) dividend yield is 0.91%. Interested in purchasing Longjian Road&Bridge stock? Use our calculator to estimate your expected dividend yield:

Longjian Road&Bridge Financial Ratios

P/E ratio9.04
PEG ratio1.54
P/B ratio0.96
ROE12.65%
Payout ratio114.67%
Current ratio0.96
Quick ratio0.89
Cash Ratio0.18

Longjian Road&Bridge Dividend FAQ

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