Luzhou Xinglu Water (Group) Co., Ltd., together with its subsidiaries, operates as an integrated municipal water service provider in in Sichuan Province, the People's Republic of China. The company operates in two segments, Tap Water Supply and Wastewater Treatment. It is involved in the water supply; trading; construction; software research, development, and sale; and pipeline installation activities, as well as provision of technology services. As of December 31, 2021, the company owned and operated twelve tap water plants with a daily supply capacity of approximately 774,000 tons; and 9 wastewater treatment plants with an daily treatment capacity of 397,000 tons per day. It serves urban and rural residents, industrial and commercial users, local governments, and other institutions. The company was founded in 1958 and is headquartered in Luzhou, the People's Republic of China. Luzhou Xinglu Water (Group) Co., Ltd. is a subsidiary of Luzhou City Xinglu Investment Group Co., Ltd.
Luzhou Xinglu Water Dividend Announcement
• Luzhou Xinglu Water announced a annually dividend of HK$0.06 per ordinary share which will be made payable on 2024-07-31. Ex dividend date: 2024-07-05
• Luzhou Xinglu Water annual dividend for 2024 was HK$0.06
• Luzhou Xinglu Water annual dividend for 2023 was HK$0.06
• Luzhou Xinglu Water's trailing twelve-month (TTM) dividend yield is 9.5%
• Luzhou Xinglu Water's payout ratio for the trailing twelve months (TTM) is 77.60%
• Luzhou Xinglu Water's dividend growth over the last five years (2018-2023) was -10.91% year
Luzhou Xinglu Water Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-05 | HK$0.06 | annually | 2024-07-31 |
2023-07-04 | HK$0.06 | annually | 2023-07-28 |
2022-07-04 | HK$0.06 | annually | 2022-07-29 |
2021-06-30 | HK$0.07 | annually | 2021-07-30 |
2020-06-30 | HK$0.07 | annually | 2020-07-30 |
2019-07-03 | HK$0.07 | annually | 2019-07-30 |
2018-07-04 | HK$0.10 | annually | 2018-07-30 |
Luzhou Xinglu Water Dividend per year
Luzhou Xinglu Water Dividend growth
Luzhou Xinglu Water Dividend Yield
Luzhou Xinglu Water current trailing twelve-month (TTM) dividend yield is 9.5%. Interested in purchasing Luzhou Xinglu Water stock? Use our calculator to estimate your expected dividend yield:
Luzhou Xinglu Water Financial Ratios
Luzhou Xinglu Water Dividend FAQ
Other factors to consider when evaluating Luzhou Xinglu Water 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 Xinglu Water'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 Xinglu Water 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 Xinglu Water 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 Xinglu Water 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 Xinglu Water 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 Xinglu Water 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 Xinglu Water 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 Xinglu Water'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 Xinglu Water'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.