Longzhou Group Co., Ltd. primarily engages in the road transportation business in China. The company is also involved in the operation of passenger terminal; taxi passenger transportation; general freight; vehicle maintenance; auto, cargo, and accident insurances; house and car leasing; investment in tourism, advertising, urban and rural public transport, motor vehicle performance testing, transportation vocational technical training, accommodation, and catering industries; lubricants, daily necessities, stone products, mineral products, handicrafts, clothing, hardware, chemical products; sale of building materials; and design, production, agency, and release of domestic advertisements. As of December 31, 2020, it had 35 passenger stations, which included 5 first-level passenger stations and 14 second-level passenger stations; 1305 passenger vehicles, 155 coaches, 379 taxis, and 657 buses; and 724 passenger lines, which comprise the urban and rural areas of western and northern Fujian, and radiate to Guangdong, Jiangxi, Zhejiang, and other places. The company was formerly known as Fujian Longzhou Transportation Co., Ltd. and changed its name to Longzhou Group Co., Ltd. August 2018. Longzhou Group Co., Ltd. was incorporated in 2003 and is based in Longyan, China.
Longzhou Dividend Announcement
• Longzhou announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2020-06-24. Ex dividend date: 2020-06-24
• Longzhou's trailing twelve-month (TTM) dividend yield is -%
• Longzhou's payout ratio for the trailing twelve months (TTM) is -47.12%
Longzhou Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-06-24 | ¥0.07 | annually | 2020-06-24 |
2019-07-19 | ¥0.07 | annually | 2019-07-19 |
2018-07-06 | ¥0.09 | annually | 2018-07-06 |
2017-07-07 | ¥0.07 | annually | 2017-07-07 |
2016-06-27 | ¥0.07 | annually | |
2015-05-22 | ¥0.06 | annually | |
2014-06-12 | ¥0.06 | annually | |
2013-06-21 | ¥0.16 | annually |
Longzhou Dividend per year
Longzhou Dividend growth
Longzhou Dividend Yield
Longzhou current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Longzhou stock? Use our calculator to estimate your expected dividend yield:
Longzhou Financial Ratios
Longzhou Dividend FAQ
Other factors to consider when evaluating Longzhou 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: Longzhou'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, Longzhou 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, Longzhou 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 Longzhou 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: Longzhou 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, Longzhou distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Longzhou 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 Longzhou'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 Longzhou'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.