Luxi Chemical Group Co., Ltd. manufactures and sells chemical and fertilizer products. Its chemical products include formic acid, hydrogen peroxide, benzyl alcohol, calcium chloride dehydrate, pentafluoroethane, R410A, benzyl chloride, dichloromethane, dimethyl formamide, perchloroethylene, sodium formate, methylene fluoride, hexafluoropropylene, PTFE, fluorinated ethylene propylene, caprolactam, nylon-6, cyclohexane, N-butyl-alcohol, 2-ethylhexanol, isobutyraldehyde, polycarbonate, cyclohexanone, trichloromethane, anhydrous calcium chloride, grannular sodium formate, dimethylamine, and trimethylamine. The company's fertilizer products comprise calcium ammonium nitrate, ammonium sulfate, granular urea, prilled urea, patassium nitrate, potassium sulfate, di ammonium phosphate, monoammonium phosphate, and other products. It also offers new energy equipment, such as LNG tanks and skid equipment; LNG tank, CNG tube skid, and CNG hydraulic tube skid containers; LNG vehicle, cryogenic insulated, fast-easy cooling, LNG vehicle-mounted, station-use CNG group gas storage, and CNG large volume seamless steel gas cylinders; and movable skid-mounted CNG filling station. In addition, the company provides prereduction ammonia synthesis catalyst, aluminum micro-bead silica gel, wide- meshed micro-bead silica gel, dedicated alumina balls for hydrogen peroxide, benzene hydrogenation catalyst, titanium-silica 1 molecular sieve, zeolite molecular sieve, anthraquinone hydrogenation dentiform palladium catalyst, and solid alkali anthraquinone degradation regeneration catalyst products. Further, it offers formic acid, caprolactam, hydrogen peroxide, coal gasification, methane chlorides, and boiler equipment; urea synthesis and ammonia synthesis columns; reactors, cabinets, valves, meters, and gas detectors; teflon-lined bends, tee joints and fittings, and steel-lined PO fittings. The company was founded in 1998 and is headquartered in Liaocheng, China.
Luxi Chemical Dividend Announcement
• Luxi Chemical announced a annually dividend of ¥0.13 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06
• Luxi Chemical annual dividend for 2024 was ¥0.13
• Luxi Chemical annual dividend for 2023 was ¥0.65
• Luxi Chemical's trailing twelve-month (TTM) dividend yield is 1.09%
• Luxi Chemical's payout ratio for the trailing twelve months (TTM) is 85.46%
• Luxi Chemical's dividend growth over the last five years (2018-2023) was 16.72% year
Luxi Chemical Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-06 | ¥0.13 | annually | 2024-06-06 |
| 2023-07-20 | ¥0.65 | annually | 2023-07-20 |
| 2022-07-15 | ¥2.00 | annually | 2022-07-15 |
| 2021-04-30 | ¥0.50 | annually | 2021-04-30 |
| 2020-05-15 | ¥0.50 | annually | 2020-05-15 |
| 2019-05-24 | ¥0.50 | annually | 2019-05-24 |
| 2018-06-14 | ¥0.30 | annually | 2018-06-14 |
| 2015-07-09 | ¥0.30 | annually | |
| 2012-06-06 | ¥0.10 | annually | |
| 2009-07-08 | ¥0.10 | annually | |
| 2008-05-13 | ¥0.10 | annually | |
| 2007-04-27 | ¥0.10 | annually |
Luxi Chemical Dividend per year
Luxi Chemical Dividend growth
Luxi Chemical Dividend Yield
Luxi Chemical current trailing twelve-month (TTM) dividend yield is 1.09%. Interested in purchasing Luxi Chemical stock? Use our calculator to estimate your expected dividend yield:
Luxi Chemical Financial Ratios
P/E ratio12.00
PEG ratio1.81
P/B ratio1.24
ROE10.71%
Payout ratio85.46%
Current ratio0.27
Quick ratio0.11
Cash Ratio0.05
Luxi Chemical Dividend FAQ
How much is the next Luxi Chemical dividend?
Luxi Chemical's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Luxi Chemical dividend. The next Luxi Chemical dividend will be released in July.
When is Luxi Chemical dividend paid?
Luxi Chemical pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Luxi Chemical pay?
The specific amount of Luxi Chemical 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 Luxi Chemical's dividend history.
Does Luxi Chemical stock pay dividends?
Yes, Luxi Chemical 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 Luxi Chemical's dividend history.
How much dividend does Luxi Chemical pay?
Luxi Chemical paid ¥0.13 in 2024, ¥0.65 in 2023, ¥2.0 in 2022, ¥0.5 in 2021, and ¥0.5 in 2020.
How often does Luxi Chemical pay dividends?
Luxi Chemical 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 July.
What is Luxi Chemical's dividend yield?
The current dividend yield for Luxi Chemical is 1.09%. 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 Luxi Chemical's exact dividend yield.
When does Luxi Chemical go ex dividend?
Luxi Chemical's ex-dividend date for the latest dividend was on 2024-06-06. Luxi Chemical 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 Luxi Chemical dividend paid?
Luxi Chemical pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Luxi Chemical 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 Luxi Chemical 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 Luxi Chemical dividend per share?
Luxi Chemical paid ¥0.13 per share in 2024 and ¥0.65 per share in 2023. The amount of dividend per share that Luxi Chemical 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 Luxi Chemical 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 Luxi Chemical 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 Luxi Chemical a dividend stock?
Yes, Luxi Chemical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Luxi Chemical a good dividend stock?
Whether Luxi Chemical is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Luxi Chemical has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Luxi Chemical 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.
Other factors to consider when evaluating Luxi Chemical 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 Luxi Chemical pay dividends monthly?
Luxi Chemical typically pays dividends on a annually basis.
Does Luxi Chemical pay dividends quarterly?
Luxi Chemical currently pays dividends on a annually basis.
Has Luxi Chemical ever paid a dividend?
Yes, Luxi Chemical has a history of paying dividends to its shareholders. Luxi Chemical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Luxi Chemical dividend stocks?
To buy Luxi Chemical 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 Luxi Chemical 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.
Place an order: Use the brokerage's trading platform to place an order to buy Luxi Chemical 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 Luxi Chemical pay dividends 2024?
Luxi Chemical pays dividends on a annually basis. 2024 dividend payments are in 2024-06-06. 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 Luxi Chemical increase its dividend in 2024?
Decisions regarding Luxi Chemical 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 Luxi Chemical dividend overview you can look into the above table of dividend history.
How Luxi Chemical dividend works?
The Luxi Chemical 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 Luxi Chemical's dividend process works:
1. Determination of Dividend: Luxi Chemical'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, Luxi Chemical 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, Luxi Chemical 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 Luxi Chemical 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. Determination of Dividend: Luxi Chemical'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, Luxi Chemical 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, Luxi Chemical 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 Luxi Chemical 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 Luxi Chemical dividends paid?
Luxi Chemical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Luxi Chemical 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, Luxi Chemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Luxi Chemical 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.
1. Record Date: Luxi Chemical 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, Luxi Chemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Luxi Chemical 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 Luxi Chemical pay dividends?
Luxi Chemical 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 Luxi Chemical pay dividends?
The general pattern is that Luxi Chemical pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Luxi Chemical dividend safe?
The safety of Luxi Chemical'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 Luxi Chemical'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 Luxi Chemical'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.
To assess the safety of Luxi Chemical'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 Luxi Chemical'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.