Luolai Lifestyle Technology Co., Ltd. produces and sells home and hotel textiles, shoes, and hats in China. It imports and exports shoes and hats, arts and crafts, textiles, clothing, furniture supplies, cosmetics, machinery, equipment, and goods and technology; sells mats, daily necessities, toys, kitchenware, and stationery; and offers brand management and trading, information consultation, and project investment and management services. The company was formerly known as Luolai Home Textile Co., Ltd. and changed its name to Luolai Lifestyle Technology Co., Ltd. in December 2015. Luolai Lifestyle Technology Co., Ltd. was founded in 1992 and is based in Shanghai, China.
Luolai Lifestyle Technology Dividend Announcement
• Luolai Lifestyle Technology announced a semi annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-10-11
• Luolai Lifestyle Technology annual dividend for 2024 was ¥0.60
• Luolai Lifestyle Technology annual dividend for 2023 was ¥0.60
• Luolai Lifestyle Technology's trailing twelve-month (TTM) dividend yield is 7.17%
• Luolai Lifestyle Technology's payout ratio for the trailing twelve months (TTM) is 85.35%
• Luolai Lifestyle Technology's dividend growth over the last five years (2018-2023) was 13.53% year
• Luolai Lifestyle Technology's dividend growth over the last ten years (2013-2023) was -1.53% year
Luolai Lifestyle Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-11 | ¥0.20 | semi annually | 2024-10-11 |
2024-06-17 | ¥0.40 | semi annually | 2024-06-17 |
2023-06-12 | ¥0.60 | semi annually | 2023-06-12 |
2022-07-07 | ¥0.60 | semi annually | 2022-07-07 |
2021-11-25 | ¥0.60 | semi annually | 2021-11-25 |
2021-06-08 | ¥0.60 | semi annually | 2021-06-08 |
2020-05-29 | ¥0.50 | semi annually | 2020-05-29 |
2019-05-29 | ¥0.36 | semi annually | 2019-05-29 |
2018-05-28 | ¥0.32 | semi annually | 2018-05-28 |
2017-06-01 | ¥0.18 | semi annually | 2017-06-01 |
2016-05-04 | ¥0.18 | semi annually | |
2015-05-28 | ¥1.00 | semi annually | |
2014-05-28 | ¥0.70 | semi annually | |
2013-05-31 | ¥0.70 | semi annually |
Luolai Lifestyle Technology Dividend per year
Luolai Lifestyle Technology Dividend growth
Luolai Lifestyle Technology Dividend Yield
Luolai Lifestyle Technology current trailing twelve-month (TTM) dividend yield is 7.17%. Interested in purchasing Luolai Lifestyle Technology stock? Use our calculator to estimate your expected dividend yield:
Luolai Lifestyle Technology Financial Ratios
Luolai Lifestyle Technology Dividend FAQ
Other factors to consider when evaluating Luolai Lifestyle Technology 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: Luolai Lifestyle Technology'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, Luolai Lifestyle Technology 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, Luolai Lifestyle Technology 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 Luolai Lifestyle Technology 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: Luolai Lifestyle Technology 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, Luolai Lifestyle Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Luolai Lifestyle Technology 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 Luolai Lifestyle Technology'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 Luolai Lifestyle Technology'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.