Luxin Venture Capital Group Co., Ltd. operates as a subsidiary of Shandong Luxin Investment Holdings Group Co.,Ltd. It is a private equity and venture capital firm specializes in start-ups, growth capital, emerging industries, expansion stage, mature stage and pre-IPOs. For growth capital and emerging industries, the firm invests in companies with a potential for Small and Medium Enterprise board listing, with a minimum sales revenue of RMB 100 million (USD 15.7165 million) for the past year, and with a minimum net profit of RMB 10 million (USD 1.57165 million). For growth capital, the firm invests in companies with a potential for Growth Enterprise board listing, with a minimum sales revenue of RMB 30 million (USD 4.71496 million) for the past year, and with a minimum net profit of RMB 3 million (USD 471, 496). The firm prefers to invest in advanced manufacturing, modern agriculture, marine industries, new materials, new energy, energy conservation, environmental protection and low-carbon industries, information technology and next generation information technology biotechnology, high-end equipment, telecommunications, internet, logistics, education, medicine, health care, new pharmaceutical, fitness, food, consumer products, modern services, cultural media, high technology, new economy, and new business industries. It primarily invests in industries located in Shandong province and in China. The firm engages in the manufacture and sale of non-metallic mineral products in China and internationally. The company offers abrasives and abrasive tools, including ceramic ultrafine abrasives, semi-friable alumina, white aluminum oxide granules, wear resistant aluminum oxide, mono-crystalline aluminum oxide, grinding wheels, silicon carbide rods, and abrasive cloth and paper, as well as power series and other products. It also provides zirconium, semi-brittle, chromium, and white corundum; brown and white fused alumina; ceramic microcrystalline abrasives; and laminated wood flooring liquid spray and surface wear paper with alumina products. In addition, it offers rail, gear, and tool grinding wheels; grinding crankshaft and camshaft grinding wheels; grinding roll grinding wheels; and resin cutting wheels. Luxin Venture Capital Group Co., Ltd., formerly known as Shandong Luxin High-Tech Industry Co., Ltd, is based in Jinan, China.
Luxin Venture Capital Dividend Announcement
• Luxin Venture Capital announced a annually dividend of ¥0.11 per ordinary share which will be made payable on 2024-07-10. Ex dividend date: 2024-07-10
• Luxin Venture Capital annual dividend for 2024 was ¥0.11
• Luxin Venture Capital annual dividend for 2023 was ¥0.23
• Luxin Venture Capital's trailing twelve-month (TTM) dividend yield is 0.77%
• Luxin Venture Capital's payout ratio for the trailing twelve months (TTM) is 72.13%
• Luxin Venture Capital's dividend growth over the last five years (2018-2023) was 35.69% year
• Luxin Venture Capital's dividend growth over the last ten years (2013-2023) was 4.37% year
Luxin Venture Capital Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-10 | ¥0.11 | annually | 2024-07-10 |
2023-07-10 | ¥0.23 | annually | 2023-07-10 |
2022-08-10 | ¥0.21 | annually | 2022-08-10 |
2021-07-19 | ¥0.15 | annually | 2021-07-19 |
2020-07-13 | ¥0.15 | annually | 2020-07-13 |
2019-07-16 | ¥0.10 | annually | 2019-07-16 |
2018-06-29 | ¥0.05 | annually | 2018-06-29 |
2017-07-19 | ¥0.15 | annually | 2017-07-19 |
2016-07-15 | ¥0.10 | annually | |
2015-07-16 | ¥0.15 | annually | |
2014-07-18 | ¥0.10 | annually | |
2013-06-19 | ¥0.15 | annually |
Luxin Venture Capital Dividend per year
Luxin Venture Capital Dividend growth
Luxin Venture Capital Dividend Yield
Luxin Venture Capital current trailing twelve-month (TTM) dividend yield is 0.77%. Interested in purchasing Luxin Venture Capital stock? Use our calculator to estimate your expected dividend yield:
Luxin Venture Capital Financial Ratios
Luxin Venture Capital Dividend FAQ
Other factors to consider when evaluating Luxin Venture Capital 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: Luxin Venture Capital'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, Luxin Venture Capital 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, Luxin Venture Capital 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 Luxin Venture Capital 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: Luxin Venture Capital 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, Luxin Venture Capital distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Luxin Venture Capital 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 Luxin Venture Capital'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 Luxin Venture Capital'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.