Luoniushan Co., Ltd. engages in the animal husbandry and real estate businesses in China. The company is involved in pig breeding and sales, commercial pig production, feed supply, pig epidemic prevention, livestock slaughtering and processing, environmental protection and utilization, scientific research promotion, food quarantine, etc., as well as provision of cold chain logistics services. It also develops and constructs residential real estate projects; operates vocational and technical colleges, as well as primary, junior high, high, and tertiary education schools; provides accommodation and catering, and sporadic training and examination services; and offers loans to small and medium-sized enterprises, and merchants. The company was formerly known as Haikou Agriculture & Industry & Trade (Luoniushan) Co Ltd and changed its name to Luoniushan Co., Ltd. in July 2013. Luoniushan Co., Ltd. was founded in 1987 and is headquartered in Haikou City, China.
Luoniushan Dividend Announcement
• Luoniushan announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-06-18. Ex dividend date: 2024-06-18
• Luoniushan annual dividend for 2024 was ¥0.02
• Luoniushan annual dividend for 2023 was ¥0.02
• Luoniushan's trailing twelve-month (TTM) dividend yield is 0.29%
• Luoniushan's payout ratio for the trailing twelve months (TTM) is 595.23%
Luoniushan Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-18 | ¥0.02 | annually | 2024-06-18 |
2023-06-07 | ¥0.02 | annually | 2023-06-07 |
2020-07-10 | ¥0.02 | annually | 2020-07-10 |
2019-07-11 | ¥0.02 | annually | 2019-07-11 |
2017-11-23 | ¥0.02 | annually | 2017-11-23 |
2015-03-26 | ¥0.02 | annually | |
2014-06-30 | ¥0.02 | annually | |
2000-09-07 | ¥0.05 | annually | |
1999-06-08 | ¥0.07 | annually |
Luoniushan Dividend per year
Luoniushan Dividend growth
Luoniushan Dividend Yield
Luoniushan current trailing twelve-month (TTM) dividend yield is 0.29%. Interested in purchasing Luoniushan stock? Use our calculator to estimate your expected dividend yield:
Luoniushan Financial Ratios
Luoniushan Dividend FAQ
Other factors to consider when evaluating Luoniushan 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: Luoniushan'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, Luoniushan 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, Luoniushan 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 Luoniushan 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: Luoniushan 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, Luoniushan distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Luoniushan 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 Luoniushan'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 Luoniushan'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.