Shandong Shanda Wit Science and Technology Co., Ltd. engages in the pharmaceutical and environment protection businesses in China. Its medical products include azithromycin granules, glycyrrhiza zinc granules, compound calcium carbonate, vitamin AD drops, epalrestat tablets, valsartan hydrochlorothiazide gums, roxithromycin, rosiglitazone tartrate tablets, and glimepiride tablets. The company offers environmental products, including deep disc filters, sulfuric acid diluents, industrial wastewater treatment solutions, chlorine dioxide generators, chlorine dioxide purifiers, and flue gas desulfurization and denitrification emission technology, as well as plans and constructs artificial wetland. Its environmental products also comprise optional equipment and raw materials; chlorine dioxide disinfectants, compounds, and composites; waste gas treatment; and solid waste treatment. The company also provides information products, such as DLP splicing display units, LCD splicing display units, image stitching processors, industrial automation control products, and communication products; and crystal products. In addition, it is involved in the provision of education services. The company was founded in 1993 and is based in Jinan, China.
Shandong Shanda Wit Science and Technology Dividend Announcement
• Shandong Shanda Wit Science and Technology announced a semi annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-27
• Shandong Shanda Wit Science and Technology annual dividend for 2024 was ¥2.50
• Shandong Shanda Wit Science and Technology annual dividend for 2023 was ¥0.80
• Shandong Shanda Wit Science and Technology's trailing twelve-month (TTM) dividend yield is 8.77%
• Shandong Shanda Wit Science and Technology's payout ratio for the trailing twelve months (TTM) is 227.49%
• Shandong Shanda Wit Science and Technology's dividend growth over the last five years (2018-2023) was 26.19% year
• Shandong Shanda Wit Science and Technology's dividend growth over the last ten years (2013-2023) was 26.39% year
Shandong Shanda Wit Science and Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-27 | ¥0.50 | semi annually | 2024-09-27 |
2024-05-16 | ¥2.00 | semi annually | 2024-05-16 |
2023-05-12 | ¥0.80 | semi annually | 2023-05-12 |
2022-04-27 | ¥0.80 | semi annually | 2022-04-27 |
2021-06-01 | ¥0.35 | semi annually | 2021-06-01 |
2020-06-24 | ¥0.30 | semi annually | 2020-06-24 |
2019-06-21 | ¥0.30 | semi annually | 2019-06-21 |
2018-07-18 | ¥0.25 | semi annually | 2018-07-18 |
2017-06-16 | ¥0.12 | semi annually | 2017-06-16 |
2016-07-08 | ¥0.08 | semi annually | |
2015-05-08 | ¥0.08 | semi annually | |
2014-06-26 | ¥0.08 | semi annually | |
2013-04-18 | ¥0.08 | semi annually |
Shandong Shanda Wit Science and Technology Dividend per year
Shandong Shanda Wit Science and Technology Dividend growth
Shandong Shanda Wit Science and Technology Dividend Yield
Shandong Shanda Wit Science and Technology current trailing twelve-month (TTM) dividend yield is 8.77%. Interested in purchasing Shandong Shanda Wit Science and Technology stock? Use our calculator to estimate your expected dividend yield:
Shandong Shanda Wit Science and Technology Financial Ratios
Shandong Shanda Wit Science and Technology Dividend FAQ
Other factors to consider when evaluating Shandong Shanda Wit Science and Technology 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 Shanda Wit Science and Technology'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 Shanda Wit Science and Technology 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 Shanda Wit Science and Technology 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 Shanda Wit Science and Technology 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 Shanda Wit Science and Technology 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 Shanda Wit Science and Technology 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 Shanda Wit Science and Technology 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 Shanda Wit Science and Technology'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 Shanda Wit Science and Technology'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.