Shandong Longji Machinery Co.,Ltd engages in research, development, production, and sale of automotive brake components in China. It offers brake rotors, drums, calipers, and pads, as well as heavy duty drums and discs, and hubs. The company serves passenger cars, commercial vehicles, auto parts purchasing groups, and original equipment manufacturer vehicle factories. It also exports its products. Shandong Longji Machinery Co.,Ltd was founded in 1994 and is based in Longkou, China.
Shandong Longji Machinery Dividend Announcement
• Shandong Longji Machinery announced a semi annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-10-18
• Shandong Longji Machinery annual dividend for 2024 was ¥0.13
• Shandong Longji Machinery annual dividend for 2023 was ¥0.12
• Shandong Longji Machinery's trailing twelve-month (TTM) dividend yield is 2.71%
• Shandong Longji Machinery's payout ratio for the trailing twelve months (TTM) is 212.99%
• Shandong Longji Machinery's dividend growth over the last five years (2018-2023) was 43.10% year
Shandong Longji Machinery Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-18 | ¥0.05 | semi annually | 2024-10-18 |
2024-06-28 | ¥0.08 | semi annually | 2024-06-28 |
2023-05-19 | ¥0.12 | semi annually | 2023-05-19 |
2022-04-28 | ¥0.20 | semi annually | 2022-04-28 |
2021-06-07 | ¥0.20 | semi annually | 2021-06-07 |
2020-08-24 | ¥0.40 | semi annually | 2020-08-24 |
2020-05-27 | ¥0.04 | semi annually | 2020-05-27 |
2019-07-11 | ¥0.02 | semi annually | 2019-07-11 |
2018-06-22 | ¥0.02 | semi annually | 2018-06-22 |
2017-05-12 | ¥0.02 | semi annually | 2017-05-12 |
2016-05-30 | ¥0.02 | semi annually | |
2015-06-15 | ¥0.04 | semi annually | |
2014-06-17 | ¥0.09 | semi annually | |
2012-05-31 | ¥0.09 | semi annually |
Shandong Longji Machinery Dividend per year
Shandong Longji Machinery Dividend growth
Shandong Longji Machinery Dividend Yield
Shandong Longji Machinery current trailing twelve-month (TTM) dividend yield is 2.71%. Interested in purchasing Shandong Longji Machinery stock? Use our calculator to estimate your expected dividend yield:
Shandong Longji Machinery Financial Ratios
Shandong Longji Machinery Dividend FAQ
Other factors to consider when evaluating Shandong Longji Machinery 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: Shandong Longji Machinery'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, Shandong Longji Machinery 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, Shandong Longji Machinery 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 Shandong Longji Machinery 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: Shandong Longji Machinery 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, Shandong Longji Machinery distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shandong Longji Machinery 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 Shandong Longji Machinery'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 Shandong Longji Machinery'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.