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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 9.56%
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 dateDividend amountDividend typePay date
2024-07-05HK$0.06annually2024-07-31
2023-07-04HK$0.06annually2023-07-28
2022-07-04HK$0.06annually2022-07-29
2021-06-30HK$0.07annually2021-07-30
2020-06-30HK$0.07annually2020-07-30
2019-07-03HK$0.07annually2019-07-30
2018-07-04HK$0.10annually2018-07-30

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 9.56%. Interested in purchasing Luzhou Xinglu Water stock? Use our calculator to estimate your expected dividend yield:

Luzhou Xinglu Water Financial Ratios

P/E ratio2.68
PEG ratio-0.62
P/B ratio0.18
ROE6.91%
Payout ratio77.60%
Current ratio1.09
Quick ratio1.03
Cash Ratio0.39

Luzhou Xinglu Water Dividend FAQ

How much is the next Luzhou Xinglu Water dividend?
Luzhou Xinglu Water's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Luzhou Xinglu Water dividend. The next Luzhou Xinglu Water dividend will be released in July.
When is Luzhou Xinglu Water dividend paid?
Luzhou Xinglu Water 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 Luzhou Xinglu Water pay?
The specific amount of Luzhou Xinglu Water 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 Luzhou Xinglu Water's dividend history.
Does Luzhou Xinglu Water stock pay dividends?
Yes, Luzhou Xinglu Water 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 Luzhou Xinglu Water's dividend history.
How much dividend does Luzhou Xinglu Water pay?
Luzhou Xinglu Water paid HK$0.055 in 2024, HK$0.055 in 2023, HK$0.059 in 2022, HK$0.073 in 2021, and HK$0.066 in 2020.
How often does Luzhou Xinglu Water pay dividends?
Luzhou Xinglu Water 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 Luzhou Xinglu Water's dividend yield?
The current dividend yield for Luzhou Xinglu Water is 9.56%. 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 Luzhou Xinglu Water's exact dividend yield.
When does Luzhou Xinglu Water go ex dividend?
Luzhou Xinglu Water's ex-dividend date for the latest dividend was on 2024-07-05. Luzhou Xinglu Water 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 Luzhou Xinglu Water dividend paid?
Luzhou Xinglu Water pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Luzhou Xinglu Water 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 Luzhou Xinglu Water 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 Luzhou Xinglu Water dividend per share?
Luzhou Xinglu Water paid HK$0.055 per share in 2024 and HK$0.055 per share in 2023. The amount of dividend per share that Luzhou Xinglu Water 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 Luzhou Xinglu Water 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 Luzhou Xinglu Water 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 Luzhou Xinglu Water a dividend stock?
Yes, Luzhou Xinglu Water is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Luzhou Xinglu Water a good dividend stock?
Whether Luzhou Xinglu Water is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Luzhou Xinglu Water has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Luzhou Xinglu Water pay dividends monthly?
Luzhou Xinglu Water typically pays dividends on a annually basis.
Does Luzhou Xinglu Water pay dividends quarterly?
Luzhou Xinglu Water currently pays dividends on a annually basis.
Has Luzhou Xinglu Water ever paid a dividend?
Yes, Luzhou Xinglu Water has a history of paying dividends to its shareholders. Luzhou Xinglu Water is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Luzhou Xinglu Water dividend stocks?
To buy Luzhou Xinglu Water 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 Luzhou Xinglu Water 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 Luzhou Xinglu Water pay dividends 2024?
Luzhou Xinglu Water pays dividends on a annually basis. 2024 dividend payments are in 2024-07-31. 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 Luzhou Xinglu Water increase its dividend in 2024?
Decisions regarding Luzhou Xinglu Water 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 Luzhou Xinglu Water dividend overview you can look into the above table of dividend history.
How Luzhou Xinglu Water dividend works?
The Luzhou Xinglu Water 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 Luzhou Xinglu Water's dividend process works:

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.
How are Luzhou Xinglu Water dividends paid?
Luzhou Xinglu Water dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Luzhou Xinglu Water pay dividends?
Luzhou Xinglu Water 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 Luzhou Xinglu Water pay dividends?
The general pattern is that Luzhou Xinglu Water 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 Luzhou Xinglu Water dividend safe?
The safety of Luzhou Xinglu Water'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 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.