Shandong Pharmaceutical Glass Co., Ltd manufactures and sells pharmaceutical glass packaging and butyl rubber series products in China. It offers pharma glass packaging products, such as molded injection glass vials, food-grade bottles, clear cosmetic bottles, cobalt blue and green bottles, tubular glass vials, ampoules, glass tubing products, amber glass bottles, and other borosilicate glass products; butyl rubber stoppers; prefilled syringes, plastic and aluminum caps, plastic caps, and plastic bottles; and dropper caps and Teflon coated rubber stoppers. The company sells its products to the pharmaceutical, food, and cosmetic glass packaging industries. It also exports its products to Europe, the United States, Russia, Japan, Korea, Southeast Asia, and other countries. Shandong Pharmaceutical Glass Co., Ltd was founded in 1970 and is based in Zibo, China.
Shandong Pharmaceutical Glass Dividend Announcement
• Shandong Pharmaceutical Glass announced a semi annually dividend of ¥0.30 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-10-11
• Shandong Pharmaceutical Glass annual dividend for 2024 was ¥0.70
• Shandong Pharmaceutical Glass annual dividend for 2023 was ¥0.30
• Shandong Pharmaceutical Glass 's trailing twelve-month (TTM) dividend yield is 2.85%
• Shandong Pharmaceutical Glass 's dividend growth over the last five years (2018-2023) was 6.96% year
• Shandong Pharmaceutical Glass 's dividend growth over the last ten years (2013-2023) was 7.92% year
Shandong Pharmaceutical Glass Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-11 | ¥0.30 | semi annually | 2024-10-11 |
2024-07-05 | ¥0.40 | semi annually | 2024-07-05 |
2023-07-07 | ¥0.30 | semi annually | 2023-07-07 |
2022-07-08 | ¥0.30 | semi annually | 2022-07-08 |
2021-07-08 | ¥0.30 | semi annually | 2021-07-08 |
2020-07-07 | ¥0.30 | semi annually | 2020-07-07 |
2019-06-20 | ¥0.21 | semi annually | 2019-06-20 |
2018-07-10 | ¥0.21 | semi annually | 2018-07-10 |
2017-07-11 | ¥0.20 | semi annually | 2017-07-11 |
2016-05-06 | ¥0.17 | semi annually | |
2015-07-09 | ¥0.15 | semi annually | |
2014-07-11 | ¥0.15 | semi annually | |
2013-07-03 | ¥0.14 | semi annually |
Shandong Pharmaceutical Glass Dividend per year
Shandong Pharmaceutical Glass Dividend growth
Shandong Pharmaceutical Glass Dividend Yield
Shandong Pharmaceutical Glass current trailing twelve-month (TTM) dividend yield is 2.85%. Interested in purchasing Shandong Pharmaceutical Glass stock? Use our calculator to estimate your expected dividend yield:
Shandong Pharmaceutical Glass Financial Ratios
Shandong Pharmaceutical Glass Dividend FAQ
Other factors to consider when evaluating Shandong Pharmaceutical Glass 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 Pharmaceutical Glass '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 Pharmaceutical Glass 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 Pharmaceutical Glass 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 Pharmaceutical Glass 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 Pharmaceutical Glass 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 Pharmaceutical Glass 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 Pharmaceutical Glass 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 Pharmaceutical Glass '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 Pharmaceutical Glass '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.