Lonking Holdings Limited, an investment holding company, manufactures and distributes wheel loaders, road rollers, excavators, forklifts, and other construction machinery in Mainland China. The company also provides hydraulic excavators and skid steer loaders; and diesel, electric, and LPG forklifts. In addition, it offers components, such as axles, gear boxes, cylinders, gears, castings, and high-end hydraulic pumps and valves; and main valves, parts, pilot oil valves, radial plunger motors, swing motors and reducer assemblies, and variable plunger pumps. Further, the company provides finance leasing for wheel loaders and other machinery. It also sells its products to approximately 40 countries in Mid and South America, Russia, Asia and Pacific area, Mid-East countries and Africa, etc. The company was founded in 1993 and is headquartered in Shanghai, the People's Republic of China.
Lonking Dividend Announcement
• Lonking announced a annually dividend of HK$0.08 per ordinary share which will be made payable on 2024-07-31. Ex dividend date: 2024-05-30
• Lonking annual dividend for 2024 was HK$0.08
• Lonking annual dividend for 2023 was HK$0.10
• Lonking's trailing twelve-month (TTM) dividend yield is 5.79%
• Lonking's payout ratio for the trailing twelve months (TTM) is 49.56%
• Lonking's dividend growth over the last five years (2018-2023) was -8.97% year
Lonking Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-30 | HK$0.08 | annually | 2024-07-31 |
2023-05-30 | HK$0.10 | annually | 2023-07-28 |
2022-05-30 | HK$0.22 | annually | 2022-07-04 |
2021-05-28 | HK$0.33 | annually | 2021-07-30 |
2020-06-01 | HK$0.25 | annually | 2020-07-20 |
2019-05-30 | HK$0.20 | annually | 2019-07-31 |
2018-05-31 | HK$0.16 | annually | 2018-07-31 |
2017-05-31 | HK$0.06 | annually | 2017-07-31 |
2016-05-30 | HK$0.02 | annually | 2016-07-15 |
2015-06-01 | HK$0.07 | annually | |
2014-05-30 | HK$0.07 | annually | 2014-08-08 |
2012-05-29 | HK$0.09 | annually | 2012-09-28 |
Lonking Dividend per year
Lonking Dividend growth
Lonking Dividend Yield
Lonking current trailing twelve-month (TTM) dividend yield is 5.79%. Interested in purchasing Lonking stock? Use our calculator to estimate your expected dividend yield:
Lonking Financial Ratios
Lonking Dividend FAQ
Other factors to consider when evaluating Lonking 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: Lonking'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, Lonking 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, Lonking 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 Lonking 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: Lonking 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, Lonking distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lonking 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 Lonking'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 Lonking'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.