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Luenmei Quantum Co.,Ltd engages in the generation and supply of heat, power, and steam in China. It is also involved in municipal and engineering construction, property management, and internet technology businesses. In addition, the company offers house leasing and factoring financing services; and digital media advertising services in railways. The company was formerly known as Luenmei Holding Co., Ltd and changed its name to Luenmei Quantum Co.,Ltd in November 2016. Luenmei Quantum Co.,Ltd is based in Shenyang, China. Luenmei Quantum Co.,Ltd is a subsidiary of Lianzhong New Energy Co., Ltd.

Luenmei Quantum Dividend Announcement

Luenmei Quantum announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-07-23. Ex dividend date: 2024-07-23
Luenmei Quantum annual dividend for 2024 was ¥0.20
Luenmei Quantum annual dividend for 2023 was ¥0.21
Luenmei Quantum's trailing twelve-month (TTM) dividend yield is 3.28%
Luenmei Quantum's payout ratio for the trailing twelve months (TTM) is 134.70%
Luenmei Quantum's dividend growth over the last five years (2018-2023) was -4.18% year

Luenmei Quantum Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-23¥0.20annually2024-07-23
2023-07-06¥0.21annually2023-07-06
2022-07-19¥0.13annually2022-07-19
2021-07-20¥0.40annually2021-07-20
2020-06-19¥0.21annually2020-06-19
2019-05-29¥0.12annually2019-05-29
2018-05-30¥0.26annually2018-05-30
2017-11-02¥0.16annually2017-11-02
2014-07-11¥0.20annually
2013-07-04¥0.16annually
1999-06-30¥0.10annually

Luenmei Quantum Dividend per year

Luenmei Quantum Dividend growth

Luenmei Quantum Dividend Yield

Luenmei Quantum current trailing twelve-month (TTM) dividend yield is 3.28%. Interested in purchasing Luenmei Quantum stock? Use our calculator to estimate your expected dividend yield:

Luenmei Quantum Financial Ratios

P/E ratio19.00
PEG ratio4.63
P/B ratio1.24
ROE6.42%
Payout ratio134.70%
Current ratio2.76
Quick ratio2.59
Cash Ratio2.05

Luenmei Quantum Dividend FAQ

How much is the next Luenmei Quantum dividend?
Luenmei Quantum's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Luenmei Quantum dividend. The next Luenmei Quantum dividend will be released in July.
When is Luenmei Quantum dividend paid?
Luenmei Quantum pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Luenmei Quantum pay?
The specific amount of Luenmei Quantum dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Luenmei Quantum's dividend history.
Does Luenmei Quantum stock pay dividends?
Yes, Luenmei Quantum does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Luenmei Quantum's dividend history.
How much dividend does Luenmei Quantum pay?
Luenmei Quantum paid ¥0.2 in 2024, ¥0.21 in 2023, ¥0.13 in 2022, ¥0.4 in 2021, and ¥0.21 in 2020.
How often does Luenmei Quantum pay dividends?
Luenmei Quantum typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Luenmei Quantum's dividend yield?
The current dividend yield for Luenmei Quantum is 3.28%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Luenmei Quantum's exact dividend yield.
When does Luenmei Quantum go ex dividend?
Luenmei Quantum's ex-dividend date for the latest dividend was on 2024-07-23. Luenmei Quantum typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Luenmei Quantum dividend paid?
Luenmei Quantum pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Luenmei Quantum increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Luenmei Quantum will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Luenmei Quantum dividend per share?
Luenmei Quantum paid ¥0.2 per share in 2024 and ¥0.21 per share in 2023. The amount of dividend per share that Luenmei Quantum pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Luenmei Quantum a dividend aristocrat?
No, 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 Luenmei Quantum a dividend king?
No, 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 Luenmei Quantum a dividend stock?
Yes, Luenmei Quantum is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Luenmei Quantum a good dividend stock?
Whether Luenmei Quantum is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Luenmei Quantum has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Luenmei Quantum 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.
Does Luenmei Quantum pay dividends monthly?
Luenmei Quantum typically pays dividends on a annually basis.
Does Luenmei Quantum pay dividends quarterly?
Luenmei Quantum currently pays dividends on a annually basis.
Has Luenmei Quantum ever paid a dividend?
Yes, Luenmei Quantum has a history of paying dividends to its shareholders. Luenmei Quantum is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Luenmei Quantum dividend stocks?
To buy Luenmei Quantum 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Luenmei Quantum 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.
When does Luenmei Quantum pay dividends 2024?
Luenmei Quantum pays dividends on a annually basis. 2024 dividend payments are in 2024-07-23. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Luenmei Quantum increase its dividend in 2024?
Decisions regarding Luenmei Quantum dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Luenmei Quantum dividend overview you can look into the above table of dividend history.
How Luenmei Quantum dividend works?
The Luenmei Quantum dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Luenmei Quantum's dividend process works:

1. Determination of Dividend: Luenmei Quantum'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, Luenmei Quantum 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, Luenmei Quantum 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 Luenmei Quantum 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.
How are Luenmei Quantum dividends paid?
Luenmei Quantum dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Luenmei Quantum 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, Luenmei Quantum distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Luenmei Quantum 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.
How many times does Luenmei Quantum pay dividends?
Luenmei Quantum typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Luenmei Quantum pay dividends?
The general pattern is that Luenmei Quantum pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Luenmei Quantum dividend safe?
The safety of Luenmei Quantum's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Luenmei Quantum'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 Luenmei Quantum'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.