Shandong Lukang Pharmaceutical Co.,Ltd. manufactures and sells bio-pharmaceuticals and antibiotics in China. The company offers human and animal active pharmaceutical ingredients; human and animal preparations; bio-pesticides; herbal medicines; and amino acid. It is also involved in the sewage treatment, odor control, sewage facilities management, environmental protection material production and sale, and management of water disposal. The company exports its products to approximately 40 countries in Asia, Europe, Africa, and the United States. The company was formerly known as Jining Antibiotic Factory and changed its name to Shandong Lukang Pharmaceutical Co.,Ltd. in October 1993. Shandong Lukang Pharmaceutical Co.,Ltd. was founded in 1966 and is based in Jining, China.
Shandong Lukang Pharmaceutical Dividend Announcement
• Shandong Lukang Pharmaceutical announced a annually dividend of ¥0.09 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-06-21
• Shandong Lukang Pharmaceutical annual dividend for 2024 was ¥0.09
• Shandong Lukang Pharmaceutical annual dividend for 2023 was ¥0.06
• Shandong Lukang Pharmaceutical's trailing twelve-month (TTM) dividend yield is 1.0%
• Shandong Lukang Pharmaceutical's payout ratio for the trailing twelve months (TTM) is 43.07%
• Shandong Lukang Pharmaceutical's dividend growth over the last five years (2018-2023) was 18.97% year
Shandong Lukang Pharmaceutical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-21 | ¥0.09 | annually | 2024-06-21 |
2023-07-26 | ¥0.06 | annually | 2023-07-26 |
2022-07-18 | ¥0.05 | annually | 2022-07-18 |
2021-07-12 | ¥0.06 | annually | 2021-07-12 |
2020-07-23 | ¥0.04 | annually | 2020-07-23 |
2019-06-19 | ¥0.03 | annually | 2019-06-19 |
2018-07-10 | ¥0.02 | annually | 2018-07-10 |
2017-06-22 | ¥0.02 | annually | 2017-06-22 |
2012-07-16 | ¥0.02 | annually | |
2004-06-15 | ¥0.06 | annually | |
2003-12-24 | ¥0.10 | annually | |
2002-07-01 | ¥0.08 | annually |
Shandong Lukang Pharmaceutical Dividend per year
Shandong Lukang Pharmaceutical Dividend growth
Shandong Lukang Pharmaceutical Dividend Yield
Shandong Lukang Pharmaceutical current trailing twelve-month (TTM) dividend yield is 1.0%. Interested in purchasing Shandong Lukang Pharmaceutical stock? Use our calculator to estimate your expected dividend yield:
Shandong Lukang Pharmaceutical Financial Ratios
Shandong Lukang Pharmaceutical Dividend FAQ
Other factors to consider when evaluating Shandong Lukang Pharmaceutical 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 Lukang Pharmaceutical'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 Lukang Pharmaceutical 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 Lukang Pharmaceutical 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 Lukang Pharmaceutical 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 Lukang Pharmaceutical 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 Lukang Pharmaceutical 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 Lukang Pharmaceutical 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 Lukang Pharmaceutical'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 Lukang Pharmaceutical'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.