Scientific Industries, Inc. designs, manufactures, and markets benchtop laboratory equipment and bioprocessing systems worldwide. It offers vortex mixers to mix the contents of test tubes, beakers, and other containers by placing such containers on a rotating cup or other attachments; and various mixers and shakers, such as high speed touch mixers, mixers with an integral timer, cell disruptors, microplate mixers, vortex mixers incorporating digital control and display, multi-vessel vortex mixers, and orbital shakers. The company also provides benchtop multi-purpose rotators and rockers to rotate and rock various containers; refrigerated incubators and incubated shakers for shaking and stirring functions; and magnetic stirrers, including high/low programmable magnetic stirrers, four-place high/low programmable magnetic stirrers, large volume magnetic, and four-place general purpose stirrers. In addition, it offers bioprocessing systems comprising disposable sensors, such as coaster systems and other shaking products using vessels; and mechanical balances, moisture analyzers, pill counters, test stands, and force gauges, as well as pharmacy, laboratory, and industrial digital scales. The company's products are used for research purposes by universities, pharmaceutical companies, pharmacies, national laboratories, medical device manufacturers, petrochemical companies, and other industries performing laboratory-scale research. The company markets its products under the Genie and Torbal brand names directly, as well as through laboratory equipment distributors and online. Scientific Industries, Inc. was incorporated in 1954 and is headquartered in Bohemia, New York.
Scientific Industries Dividend Announcement
• Scientific Industries announced a annually dividend of $0.05 per ordinary share which will be made payable on 2018-12-14. Ex dividend date: 2018-11-27
• Scientific Industries's trailing twelve-month (TTM) dividend yield is -%
Scientific Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2018-11-27 | $0.05 | annually | 2018-12-14 |
2016-11-21 | $0.03 | annually | 2017-01-13 |
2013-10-09 | $0.08 | annually | 2013-11-04 |
2012-09-27 | $0.30 | annually | |
2011-09-22 | $0.05 | annually | 2011-11-18 |
2010-10-14 | $0.09 | annually | 2010-12-15 |
2009-10-21 | $0.06 | annually | 2009-12-21 |
2008-10-23 | $0.08 | annually | 2009-01-16 |
2007-10-25 | $0.07 | annually | |
2006-10-26 | $0.07 | annually | |
2005-10-25 | $0.09 | annually | |
2004-10-18 | $0.07 | annually | |
2004-03-02 | $0.05 | annually |
Scientific Industries Dividend per year
Scientific Industries Dividend growth
Scientific Industries Dividend Yield
Scientific Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Scientific Industries stock? Use our calculator to estimate your expected dividend yield:
Scientific Industries Financial Ratios
Scientific Industries Dividend FAQ
Other factors to consider when evaluating Scientific Industries 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: Scientific Industries'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, Scientific Industries 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, Scientific Industries 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 Scientific Industries 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: Scientific Industries 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, Scientific Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Scientific Industries 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 Scientific Industries'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 Scientific Industries'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.