Luzhou Laojiao Co.,Ltd. engages in the research and development, production, and sales of liquor products in China. The company provides National Cellar 1573, Century-old Luzhou Laojiao Jiaoling, Luzhou Laojiao Tequ, Touqu, Erqu, and other liquor series products. It also offers agricultural product planting and sales, supply chain management business, technology and business development, import and export trade, and tourism services. In addition, it engages in the manufacture and sale of fruit and health care wines; production and sale of red wine; and fermented products. The company was formerly known as Luzhou Laojiao Brewery. Luzhou Laojiao Co.,Ltd. was founded in 1950 and is headquartered in Luzhou, China.
Luzhou Laojiao Dividend Announcement
• Luzhou Laojiao announced a annually dividend of ¥5.40 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-08-23
• Luzhou Laojiao annual dividend for 2024 was ¥5.40
• Luzhou Laojiao annual dividend for 2023 was ¥4.22
• Luzhou Laojiao's trailing twelve-month (TTM) dividend yield is 3.92%
• Luzhou Laojiao's payout ratio for the trailing twelve months (TTM) is 101.02%
• Luzhou Laojiao's dividend growth over the last five years (2018-2023) was 27.58% year
• Luzhou Laojiao's dividend growth over the last ten years (2013-2023) was 8.91% year
Luzhou Laojiao Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-23 | ¥5.40 | annually | 2024-08-23 |
2023-08-28 | ¥4.22 | annually | 2023-08-28 |
2022-08-26 | ¥3.24 | annually | 2022-08-26 |
2021-08-20 | ¥2.05 | annually | 2021-08-20 |
2020-08-24 | ¥1.59 | annually | 2020-08-24 |
2019-08-22 | ¥1.55 | annually | 2019-08-22 |
2018-07-16 | ¥1.25 | annually | 2018-07-16 |
2017-06-19 | ¥0.96 | annually | 2017-06-19 |
2016-08-12 | ¥0.80 | annually | |
2015-08-21 | ¥0.80 | annually | |
2014-08-20 | ¥1.25 | annually | |
2013-07-31 | ¥1.80 | annually |
Luzhou Laojiao Dividend per year
Luzhou Laojiao Dividend growth
Luzhou Laojiao Dividend Yield
Luzhou Laojiao current trailing twelve-month (TTM) dividend yield is 3.92%. Interested in purchasing Luzhou Laojiao stock? Use our calculator to estimate your expected dividend yield:
Luzhou Laojiao Financial Ratios
Luzhou Laojiao Dividend FAQ
Other factors to consider when evaluating Luzhou Laojiao 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: Luzhou Laojiao'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, Luzhou Laojiao 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, Luzhou Laojiao 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 Luzhou Laojiao 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: Luzhou Laojiao 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, Luzhou Laojiao distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Luzhou Laojiao 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 Luzhou Laojiao'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 Luzhou Laojiao'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.