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Luoyang Xinqianglian Slewing Bearing Co., Ltd. manufactures and sells slewing bearings for industrial purposes in China and internationally. The company offers single row tapered, triple-row, and double-row tapered roller main bearings, as well as individual triple-row roller pitch bearings and yaw bearings for wind turbine generators; tunnel boring machine main bearings; drive plates; large size slewing bearing for floating crane; and slewing bearing for ferris wheel. It also engages in the photovoltaic and wind power business. The company was founded in 2005 and is based in Luoyang, China.

Luoyang Xinqianglian Slewing Bearing Dividend Announcement

Luoyang Xinqianglian Slewing Bearing announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-05-21. Ex dividend date: 2024-05-21
Luoyang Xinqianglian Slewing Bearing annual dividend for 2024 was ¥0.10
Luoyang Xinqianglian Slewing Bearing annual dividend for 2023 was ¥0.10
Luoyang Xinqianglian Slewing Bearing's trailing twelve-month (TTM) dividend yield is 0.46%
Luoyang Xinqianglian Slewing Bearing's payout ratio for the trailing twelve months (TTM) is -14852.18%

Luoyang Xinqianglian Slewing Bearing Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-21¥0.10annually2024-05-21
2023-05-11¥0.10annually2023-05-11
2022-05-23¥0.45annually2022-05-23
2021-05-07¥0.41annually2021-05-07

Luoyang Xinqianglian Slewing Bearing Dividend per year

Luoyang Xinqianglian Slewing Bearing Dividend growth

Luoyang Xinqianglian Slewing Bearing Dividend Yield

Luoyang Xinqianglian Slewing Bearing current trailing twelve-month (TTM) dividend yield is 0.46%. Interested in purchasing Luoyang Xinqianglian Slewing Bearing stock? Use our calculator to estimate your expected dividend yield:

Luoyang Xinqianglian Slewing Bearing Financial Ratios

P/E ratio-9962.50
PEG ratio963.84
P/B ratio1.60
ROE-0.02%
Payout ratio-14852.18%
Current ratio2.01
Quick ratio1.55
Cash Ratio0.26

Luoyang Xinqianglian Slewing Bearing Dividend FAQ

How much is the next Luoyang Xinqianglian Slewing Bearing dividend?
Luoyang Xinqianglian Slewing Bearing's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Luoyang Xinqianglian Slewing Bearing dividend. The next Luoyang Xinqianglian Slewing Bearing dividend will be released in May.
When is Luoyang Xinqianglian Slewing Bearing dividend paid?
Luoyang Xinqianglian Slewing Bearing pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Luoyang Xinqianglian Slewing Bearing pay?
The specific amount of Luoyang Xinqianglian Slewing Bearing 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 Luoyang Xinqianglian Slewing Bearing's dividend history.
Does Luoyang Xinqianglian Slewing Bearing stock pay dividends?
Yes, Luoyang Xinqianglian Slewing Bearing 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 Luoyang Xinqianglian Slewing Bearing's dividend history.
How much dividend does Luoyang Xinqianglian Slewing Bearing pay?
Luoyang Xinqianglian Slewing Bearing paid ¥0.104 in 2024, ¥0.096 in 2023, ¥0.452 in 2022, ¥0.41 in 2021, and ¥0.0 in 2020.
How often does Luoyang Xinqianglian Slewing Bearing pay dividends?
Luoyang Xinqianglian Slewing Bearing 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 May.
What is Luoyang Xinqianglian Slewing Bearing's dividend yield?
The current dividend yield for Luoyang Xinqianglian Slewing Bearing is 0.46%. 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 Luoyang Xinqianglian Slewing Bearing's exact dividend yield.
When does Luoyang Xinqianglian Slewing Bearing go ex dividend?
Luoyang Xinqianglian Slewing Bearing's ex-dividend date for the latest dividend was on 2024-05-21. Luoyang Xinqianglian Slewing Bearing 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 Luoyang Xinqianglian Slewing Bearing dividend paid?
Luoyang Xinqianglian Slewing Bearing pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Luoyang Xinqianglian Slewing Bearing 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 Luoyang Xinqianglian Slewing Bearing 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 Luoyang Xinqianglian Slewing Bearing dividend per share?
Luoyang Xinqianglian Slewing Bearing paid ¥0.104 per share in 2024 and ¥0.096 per share in 2023. The amount of dividend per share that Luoyang Xinqianglian Slewing Bearing 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 Luoyang Xinqianglian Slewing Bearing 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 Luoyang Xinqianglian Slewing Bearing 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 Luoyang Xinqianglian Slewing Bearing a dividend stock?
Yes, Luoyang Xinqianglian Slewing Bearing is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Luoyang Xinqianglian Slewing Bearing a good dividend stock?
Whether Luoyang Xinqianglian Slewing Bearing is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Luoyang Xinqianglian Slewing Bearing has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Luoyang Xinqianglian Slewing Bearing 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 Luoyang Xinqianglian Slewing Bearing pay dividends monthly?
Luoyang Xinqianglian Slewing Bearing typically pays dividends on a annually basis.
Does Luoyang Xinqianglian Slewing Bearing pay dividends quarterly?
Luoyang Xinqianglian Slewing Bearing currently pays dividends on a annually basis.
Has Luoyang Xinqianglian Slewing Bearing ever paid a dividend?
Yes, Luoyang Xinqianglian Slewing Bearing has a history of paying dividends to its shareholders. Luoyang Xinqianglian Slewing Bearing is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Luoyang Xinqianglian Slewing Bearing dividend stocks?
To buy Luoyang Xinqianglian Slewing Bearing 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 Luoyang Xinqianglian Slewing Bearing 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 Luoyang Xinqianglian Slewing Bearing pay dividends 2024?
Luoyang Xinqianglian Slewing Bearing pays dividends on a annually basis. 2024 dividend payments are in 2024-05-21. 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 Luoyang Xinqianglian Slewing Bearing increase its dividend in 2024?
Decisions regarding Luoyang Xinqianglian Slewing Bearing 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 Luoyang Xinqianglian Slewing Bearing dividend overview you can look into the above table of dividend history.
How Luoyang Xinqianglian Slewing Bearing dividend works?
The Luoyang Xinqianglian Slewing Bearing 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 Luoyang Xinqianglian Slewing Bearing's dividend process works:

1. Determination of Dividend: Luoyang Xinqianglian Slewing Bearing'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, Luoyang Xinqianglian Slewing Bearing 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, Luoyang Xinqianglian Slewing Bearing 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 Luoyang Xinqianglian Slewing Bearing 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 Luoyang Xinqianglian Slewing Bearing dividends paid?
Luoyang Xinqianglian Slewing Bearing dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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

3. Currency: Luoyang Xinqianglian Slewing Bearing 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 Luoyang Xinqianglian Slewing Bearing pay dividends?
Luoyang Xinqianglian Slewing Bearing 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 Luoyang Xinqianglian Slewing Bearing pay dividends?
The general pattern is that Luoyang Xinqianglian Slewing Bearing pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Luoyang Xinqianglian Slewing Bearing dividend safe?
The safety of Luoyang Xinqianglian Slewing Bearing'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 Luoyang Xinqianglian Slewing Bearing'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 Luoyang Xinqianglian Slewing Bearing'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.