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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | ¥0.10 | annually | 2024-06-07 |
2022-06-17 | ¥0.10 | annually | 2022-06-17 |
2021-06-04 | ¥0.30 | annually | 2021-06-04 |
2001-07-06 | ¥0.10 | annually |
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
Shandong Lubei Chemical Dividend FAQ
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.
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