Longkou Union Chemical Co., Ltd. engages in the research and development, production, and sale of azo organic pigments and water-based inks in China. Its products are used in inks, coatings, and plastics. The company was founded in 2007 and is based in Longkou, China.Longkou Union Chemical Co., Ltd. operates as a subsidiary of Longkou Sunshine Chemical Co., Ltd.
Longkou Union Chemical Dividend Announcement
• Longkou Union Chemical announced a semi annually dividend of ¥0.08 per ordinary share which will be made payable on 2024-10-16. Ex dividend date: 2024-10-16
• Longkou Union Chemical annual dividend for 2024 was ¥0.20
• Longkou Union Chemical annual dividend for 2023 was ¥0.18
• Longkou Union Chemical's trailing twelve-month (TTM) dividend yield is 0.76%
• Longkou Union Chemical's payout ratio for the trailing twelve months (TTM) is 17.85%
Longkou Union Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-16 | ¥0.08 | semi annually | 2024-10-16 |
2024-06-06 | ¥0.12 | semi annually | 2024-06-06 |
2023-06-06 | ¥0.18 | semi annually | 2023-06-06 |
Longkou Union Chemical Dividend per year
Longkou Union Chemical Dividend Yield
Longkou Union Chemical current trailing twelve-month (TTM) dividend yield is 0.76%. Interested in purchasing Longkou Union Chemical stock? Use our calculator to estimate your expected dividend yield:
Longkou Union Chemical Financial Ratios
Longkou Union Chemical Dividend FAQ
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.
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