Luhai Holding Corp. manufactures and sells tire valves and accessories worldwide. It offers TPMS valves; valves for bicycles, electric bikes, motorcycles, passenger cars/light trucks, trucks/buses, and agricultural/OTR applications; and valve accessories, such as valve core products, valve caps, hexagon nuts, washers, grommets and O-rings, rim nuts, and sleeves. The company also provides valve core and mounting tools; tire pressure detection products, including tire pressure and pen type tire pressure gauges; inflating equipment comprising air chucks, clip-on air chucks, and connectors; and rigid, bent, plastic, and flexible valve extensions, as well as holders. In addition, it offers wheel balance weights and tools; tire repair accessories consisting of skivers, stitchers, scrapers, repair tools, and tire repair units; and tire repair kits. The company serves manufacturers in the tire, automobile, truck, and agriculture vehicle industries. Luhai Holding Corp. was founded in 1980 and is headquartered in Changhua, Taiwan.
Luhai Dividend Announcement
• Luhai announced a annually dividend of NT$1.00 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-07-16
• Luhai annual dividend for 2024 was NT$1.00
• Luhai annual dividend for 2023 was NT$1.30
• Luhai's trailing twelve-month (TTM) dividend yield is 2.93%
• Luhai's payout ratio for the trailing twelve months (TTM) is 83.20%
• Luhai's dividend growth over the last five years (2018-2023) was 1.00% year
Luhai Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-16 | NT$1.00 | annually | 2024-08-16 |
2023-06-28 | NT$1.30 | annually | 2023-07-28 |
2022-07-06 | NT$2.00 | annually | 2022-08-10 |
2021-08-10 | NT$1.50 | annually | 2021-09-10 |
2020-08-25 | NT$1.90 | annually | 2020-09-22 |
2019-08-01 | NT$0.87 | annually | 2019-08-30 |
2018-07-10 | NT$1.24 | annually | 2018-08-03 |
2017-09-04 | NT$0.82 | annually | 2017-09-22 |
2016-07-05 | NT$1.65 | annually | |
2015-09-01 | NT$1.57 | annually | |
2014-08-27 | NT$0.50 | annually |
Luhai Dividend per year
Luhai Dividend growth
Luhai Dividend Yield
Luhai current trailing twelve-month (TTM) dividend yield is 2.93%. Interested in purchasing Luhai stock? Use our calculator to estimate your expected dividend yield:
Luhai Financial Ratios
Luhai Dividend FAQ
Other factors to consider when evaluating Luhai 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: Luhai'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, Luhai 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, Luhai 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 Luhai 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: Luhai 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, Luhai distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Luhai 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 Luhai'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 Luhai'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.