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 3.37%
• 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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-23 | ¥0.20 | annually | 2024-07-23 |
2023-07-06 | ¥0.21 | annually | 2023-07-06 |
2022-07-19 | ¥0.13 | annually | 2022-07-19 |
2021-07-20 | ¥0.40 | annually | 2021-07-20 |
2020-06-19 | ¥0.21 | annually | 2020-06-19 |
2019-05-29 | ¥0.12 | annually | 2019-05-29 |
2018-05-30 | ¥0.26 | annually | 2018-05-30 |
2017-11-02 | ¥0.16 | annually | 2017-11-02 |
2014-07-11 | ¥0.20 | annually | |
2013-07-04 | ¥0.16 | annually | |
1999-06-30 | ¥0.10 | annually |
Luenmei Quantum Dividend per year
Luenmei Quantum Dividend growth
Luenmei Quantum Dividend Yield
Luenmei Quantum current trailing twelve-month (TTM) dividend yield is 3.37%. Interested in purchasing Luenmei Quantum stock? Use our calculator to estimate your expected dividend yield:
Luenmei Quantum Financial Ratios
Luenmei Quantum Dividend FAQ
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.
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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.
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.
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.