Luxshare Precision Industry Co., Ltd., together with its subsidiaries, designs, manufactures, and sells cable assembly and connector system solutions worldwide. The company primarily offers cable assemblies, connectors and structural parts, power cables and chargers, antennas, acoustic components, headsets and speakers, power cords, test fixtures, VM/VCM, dongles, optic products, telecom products, harness products, smart wearables, electronic cigarettes, mechanical components, routers, and casing and radio frequency products. It also provides photoelectric conversion and optic transmission application products, cooling and transmission modules, RCU, etc.; base station filters, tower mounted amplifiers, duplexers, combiners, RRU, AAU, small base stations, etc.; and computer peripherals and plastic hardware products. Its products are used in enterprise, cloud, automotive, communication, auto electronics, and medical applications, as well as consumer electronics. The company was founded in 2004 and is based in Dongguan, China.
Luxshare Precision Industry Dividend Announcement
• Luxshare Precision Industry announced a annually dividend of ¥0.30 per ordinary share which will be made payable on 2024-07-11. Ex dividend date: 2024-07-11
• Luxshare Precision Industry annual dividend for 2024 was ¥0.30
• Luxshare Precision Industry annual dividend for 2023 was ¥0.13
• Luxshare Precision Industry's trailing twelve-month (TTM) dividend yield is 0.7%
• Luxshare Precision Industry's payout ratio for the trailing twelve months (TTM) is 33.08%
• Luxshare Precision Industry's dividend growth over the last five years (2018-2023) was 16.72% year
• Luxshare Precision Industry's dividend growth over the last ten years (2013-2023) was -1.42% year
Luxshare Precision Industry Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-11 | ¥0.30 | annually | 2024-07-11 |
2023-06-15 | ¥0.13 | annually | 2023-06-15 |
2022-07-13 | ¥0.11 | annually | 2022-07-13 |
2021-07-08 | ¥0.11 | annually | 2021-07-08 |
2020-06-17 | ¥0.12 | annually | 2020-06-17 |
2019-07-05 | ¥0.05 | annually | 2019-07-05 |
2018-07-17 | ¥0.06 | annually | 2018-07-17 |
2017-07-06 | ¥0.08 | annually | 2017-07-06 |
2016-06-13 | ¥0.09 | annually | |
2015-06-19 | ¥0.08 | annually | |
2014-05-21 | ¥0.07 | annually | |
2013-06-21 | ¥0.15 | annually |
Luxshare Precision Industry Dividend per year
Luxshare Precision Industry Dividend growth
Luxshare Precision Industry Dividend Yield
Luxshare Precision Industry current trailing twelve-month (TTM) dividend yield is 0.7%. Interested in purchasing Luxshare Precision Industry stock? Use our calculator to estimate your expected dividend yield:
Luxshare Precision Industry Financial Ratios
Luxshare Precision Industry Dividend FAQ
Other factors to consider when evaluating Luxshare Precision Industry 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: Luxshare Precision Industry'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, Luxshare Precision Industry 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, Luxshare Precision Industry 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 Luxshare Precision Industry 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: Luxshare Precision Industry 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, Luxshare Precision Industry distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Luxshare Precision Industry 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 Luxshare Precision Industry'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 Luxshare Precision Industry'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.