Shandong Rike Chemical Co.,LTD. engages in the research and development, production, marketing, and servicing of plastic modifier products for plastic processing and rubber industry in China. The company offers acrylic and ACM impact modifiers, AMB impact modifier, CPVC resins, PVC foaming regulators, PVC processing aid, PMMA/ASA capstocks, and chlorinated polyethylene impact modifiers, as well as ACR impact processing modifier and ACM low temperature toughening agent. Its processing aids include general, lubricating, SAN, heat-resistant, melt strength, and transparent processing aids. It also exports its products to the United States, the European Union, Korea, Israel, Turkey, India, Ukraine, and Southeast Asia countries and regions. The company was founded in 2003 and is headquartered in Weifang, the People's Republic of China.
Shandong Rike Chemical Dividend Announcement
• Shandong Rike Chemical announced a annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-07-17. Ex dividend date: 2024-07-17
• Shandong Rike Chemical annual dividend for 2024 was ¥0.04
• Shandong Rike Chemical annual dividend for 2023 was ¥0.06
• Shandong Rike Chemical's trailing twelve-month (TTM) dividend yield is 0.63%
• Shandong Rike Chemical's payout ratio for the trailing twelve months (TTM) is -138.57%
• Shandong Rike Chemical's dividend growth over the last five years (2018-2023) was -16.74% year
Shandong Rike Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-17 | ¥0.04 | annually | 2024-07-17 |
2023-06-29 | ¥0.06 | annually | 2023-06-29 |
2022-06-16 | ¥0.08 | annually | 2022-06-16 |
2021-03-31 | ¥0.09 | annually | 2021-03-31 |
2020-07-10 | ¥0.06 | annually | 2020-07-10 |
2019-06-28 | ¥0.05 | annually | 2019-06-28 |
2018-05-25 | ¥0.15 | annually | 2018-05-25 |
2017-05-25 | ¥0.05 | annually | 2017-05-25 |
2016-06-17 | ¥0.10 | annually | |
2015-05-29 | ¥0.05 | annually | |
2013-06-27 | ¥0.10 | annually | |
2012-06-19 | ¥0.15 | annually |
Shandong Rike Chemical Dividend per year
Shandong Rike Chemical Dividend growth
Shandong Rike Chemical Dividend Yield
Shandong Rike Chemical current trailing twelve-month (TTM) dividend yield is 0.63%. Interested in purchasing Shandong Rike Chemical stock? Use our calculator to estimate your expected dividend yield:
Shandong Rike Chemical Financial Ratios
Shandong Rike Chemical Dividend FAQ
Other factors to consider when evaluating Shandong Rike Chemical 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 Rike Chemical'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 Rike Chemical 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 Rike Chemical 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 Rike Chemical 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 Rike Chemical 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 Rike Chemical 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 Rike Chemical 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 Rike Chemical'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 Rike Chemical'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.