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Shanghai Luoman Lighting Technologies Inc. provides urban landscape lighting solutions. The company offers overall lighting planning, landscape lighting design and construction, and centralized remote-control management services. Shanghai Luoman Lighting Technologies Inc. was founded in 1999 and is based in Shanghai, China.

Shanghai Luoman Lighting Technologies Dividend Announcement

Shanghai Luoman Lighting Technologies announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-06-13. Ex dividend date: 2024-06-13
Shanghai Luoman Lighting Technologies annual dividend for 2024 was ¥0.25
Shanghai Luoman Lighting Technologies's trailing twelve-month (TTM) dividend yield is 0.99%
Shanghai Luoman Lighting Technologies's payout ratio for the trailing twelve months (TTM) is 145.47%

Shanghai Luoman Lighting Technologies Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-13¥0.25annually2024-06-13
2022-06-13¥0.60annually2022-06-13

Shanghai Luoman Lighting Technologies Dividend per year

Shanghai Luoman Lighting Technologies Dividend Yield

Shanghai Luoman Lighting Technologies current trailing twelve-month (TTM) dividend yield is 0.99%. Interested in purchasing Shanghai Luoman Lighting Technologies stock? Use our calculator to estimate your expected dividend yield:

Shanghai Luoman Lighting Technologies Financial Ratios

P/E ratio131.46
PEG ratio2.43
P/B ratio2.08
ROE1.57%
Payout ratio145.47%
Current ratio1.79
Quick ratio1.74
Cash Ratio0.26

Shanghai Luoman Lighting Technologies Dividend FAQ

Does Shanghai Luoman Lighting Technologies stock pay dividends?
Shanghai Luoman Lighting Technologies does not currently pay dividends to its shareholders.
Has Shanghai Luoman Lighting Technologies ever paid a dividend?
No, Shanghai Luoman Lighting Technologies has no a history of paying dividends to its shareholders. Shanghai Luoman Lighting Technologies is not known for its dividend payments.
Why doesn't Shanghai Luoman Lighting Technologies pay dividends?
There are several potential reasons why Shanghai Luoman Lighting Technologies would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Shanghai Luoman Lighting Technologies ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Shanghai Luoman Lighting Technologies has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Shanghai Luoman Lighting Technologies a dividend aristocrat?
Shanghai Luoman Lighting Technologies is not considered a Dividend Aristocrat. 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 Shanghai Luoman Lighting Technologies a dividend king?
Shanghai Luoman Lighting Technologies is not classified as a "Dividend King". 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 Shanghai Luoman Lighting Technologies a dividend stock?
No, Shanghai Luoman Lighting Technologies is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Shanghai Luoman Lighting Technologies stocks?
To buy Shanghai Luoman Lighting Technologies 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Shanghai Luoman Lighting Technologies 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.