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Shandong Lubei Chemical Co., Ltd. produces and sells various fertilizers and chemicals in China. Its products include titanium dioxide for papermaking, coating, plastics, etc.; industrial chloroform; industrial dichloromethane; industrial methyl chloride; raw salt; cement; sulfuric acid; industrial bromine; and diammonium phosphate. The company was founded in 1996 and is based in Binzhou, the People's Republic of China.

Shandong Lubei Chemical Dividend Announcement

Shandong Lubei Chemical announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-07
Shandong Lubei Chemical annual dividend for 2024 was ¥0.10
Shandong Lubei Chemical's trailing twelve-month (TTM) dividend yield is 1.25%
Shandong Lubei Chemical's payout ratio for the trailing twelve months (TTM) is 34.42%

Shandong Lubei Chemical Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-07¥0.10annually2024-06-07
2022-06-17¥0.10annually2022-06-17
2021-06-04¥0.30annually2021-06-04
2001-07-06¥0.10annually

Shandong Lubei Chemical Dividend per year

Shandong Lubei Chemical Dividend Yield

Shandong Lubei Chemical current trailing twelve-month (TTM) dividend yield is 1.25%. Interested in purchasing Shandong Lubei Chemical stock? Use our calculator to estimate your expected dividend yield:

Shandong Lubei Chemical Financial Ratios

P/E ratio14.08
PEG ratio1.43
P/B ratio1.33
ROE9.74%
Payout ratio34.42%
Current ratio0.93
Quick ratio0.76
Cash Ratio0.50

Shandong Lubei Chemical Dividend FAQ

Does Shandong Lubei Chemical stock pay dividends?
Shandong Lubei Chemical does not currently pay dividends to its shareholders.
Has Shandong Lubei Chemical ever paid a dividend?
No, Shandong Lubei Chemical has no a history of paying dividends to its shareholders. Shandong Lubei Chemical is not known for its dividend payments.
Why doesn't Shandong Lubei Chemical pay dividends?
There are several potential reasons why Shandong Lubei Chemical 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 Shandong Lubei Chemical 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 Shandong Lubei Chemical 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 Shandong Lubei Chemical a dividend aristocrat?
Shandong Lubei Chemical 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 Shandong Lubei Chemical a dividend king?
Shandong Lubei Chemical 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 Shandong Lubei Chemical a dividend stock?
No, Shandong Lubei Chemical 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 Shandong Lubei Chemical stocks?
To buy Shandong Lubei Chemical 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 Shandong Lubei Chemical 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.