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Xinxiang Richful Lube Additive Co., Ltd engages in the research and development, production, and sales of fine chemical products in China. The company provides lubricating oil additives and carbon-free paper colors. It also offers PMA pour point depressants, PMA viscosity index improvers, metal deactivators, detergents & TBN boosters, ashless dispersants, ZDDP, high-temperature antioxidants, anti-friction and anti-wear additives, gasoline engine oil, diesel oil, marine oil, railway locomotive engine oil, and industrial oil packages, as well as fuel oil detergents. In addition, the company provides special chemicals, such as rubber vulcanized accelerators, emulsifiers, and inhibitors; and carbonless paper color development products are used in various multi-page invoices, receipts, express orders, blank printing paper, etc. It also exports its products to the United States, Europe, Southeast Asia, the Middle East, and other countries and regions. The company was founded in 1996 and is based in Xinxiang, China.

Xinxiang Richful Lube Additive Dividend Announcement

Xinxiang Richful Lube Additive announced a annually dividend of ¥1.30 per ordinary share which will be made payable on 2024-05-28. Ex dividend date: 2024-05-28
Xinxiang Richful Lube Additive annual dividend for 2024 was ¥1.30
Xinxiang Richful Lube Additive annual dividend for 2023 was ¥4.37
Xinxiang Richful Lube Additive 's trailing twelve-month (TTM) dividend yield is 3.02%
Xinxiang Richful Lube Additive 's payout ratio for the trailing twelve months (TTM) is 57.48%

Xinxiang Richful Lube Additive Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-28¥1.30annually2024-05-28
2023-05-12¥4.37annually2023-05-12
2022-05-30¥0.80annually2022-05-30
2021-05-20¥0.80annually2021-05-20

Xinxiang Richful Lube Additive Dividend per year

Xinxiang Richful Lube Additive Dividend growth

Xinxiang Richful Lube Additive Dividend Yield

Xinxiang Richful Lube Additive current trailing twelve-month (TTM) dividend yield is 3.02%. Interested in purchasing Xinxiang Richful Lube Additive stock? Use our calculator to estimate your expected dividend yield:

Xinxiang Richful Lube Additive Financial Ratios

P/E ratio19.47
PEG ratio0.50
P/B ratio4.07
ROE21.35%
Payout ratio57.48%
Current ratio3.57
Quick ratio2.74
Cash Ratio0.99

Xinxiang Richful Lube Additive Dividend FAQ

How much is the next Xinxiang Richful Lube Additive dividend?
Xinxiang Richful Lube Additive 's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Xinxiang Richful Lube Additive dividend. The next Xinxiang Richful Lube Additive dividend will be released in May.
When is Xinxiang Richful Lube Additive dividend paid?
Xinxiang Richful Lube Additive pays dividends on a annually basis. The specific dates may vary each year but are generally around May. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Xinxiang Richful Lube Additive pay?
The specific amount of Xinxiang Richful Lube Additive dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Xinxiang Richful Lube Additive 's dividend history.
Does Xinxiang Richful Lube Additive stock pay dividends?
Yes, Xinxiang Richful Lube Additive does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Xinxiang Richful Lube Additive 's dividend history.
How much dividend does Xinxiang Richful Lube Additive pay?
Xinxiang Richful Lube Additive paid ¥1.3 in 2024, ¥4.37 in 2023, ¥0.8 in 2022, ¥0.8 in 2021, and ¥0.0 in 2020.
How often does Xinxiang Richful Lube Additive pay dividends?
Xinxiang Richful Lube Additive typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is Xinxiang Richful Lube Additive 's dividend yield?
The current dividend yield for Xinxiang Richful Lube Additive is 3.02%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Xinxiang Richful Lube Additive 's exact dividend yield.
When does Xinxiang Richful Lube Additive go ex dividend?
Xinxiang Richful Lube Additive 's ex-dividend date for the latest dividend was on 2024-05-28. Xinxiang Richful Lube Additive typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Xinxiang Richful Lube Additive dividend paid?
Xinxiang Richful Lube Additive pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Xinxiang Richful Lube Additive increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Xinxiang Richful Lube Additive will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Xinxiang Richful Lube Additive dividend per share?
Xinxiang Richful Lube Additive paid ¥1.3 per share in 2024 and ¥4.37 per share in 2023. The amount of dividend per share that Xinxiang Richful Lube Additive pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Xinxiang Richful Lube Additive a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Xinxiang Richful Lube Additive a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Xinxiang Richful Lube Additive a dividend stock?
Yes, Xinxiang Richful Lube Additive is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Xinxiang Richful Lube Additive a good dividend stock?
Whether Xinxiang Richful Lube Additive is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Xinxiang Richful Lube Additive has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Xinxiang Richful Lube Additive 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.
Does Xinxiang Richful Lube Additive pay dividends monthly?
Xinxiang Richful Lube Additive typically pays dividends on a annually basis.
Does Xinxiang Richful Lube Additive pay dividends quarterly?
Xinxiang Richful Lube Additive currently pays dividends on a annually basis.
Has Xinxiang Richful Lube Additive ever paid a dividend?
Yes, Xinxiang Richful Lube Additive has a history of paying dividends to its shareholders. Xinxiang Richful Lube Additive is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Xinxiang Richful Lube Additive dividend stocks?
To buy Xinxiang Richful Lube Additive you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Xinxiang Richful Lube Additive stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Xinxiang Richful Lube Additive pay dividends 2024?
Xinxiang Richful Lube Additive pays dividends on a annually basis. 2024 dividend payments are in 2024-05-28. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Xinxiang Richful Lube Additive increase its dividend in 2024?
Decisions regarding Xinxiang Richful Lube Additive dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Xinxiang Richful Lube Additive dividend overview you can look into the above table of dividend history.
How Xinxiang Richful Lube Additive dividend works?
The Xinxiang Richful Lube Additive dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Xinxiang Richful Lube Additive 's dividend process works:

1. Determination of Dividend: Xinxiang Richful Lube Additive '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, Xinxiang Richful Lube Additive 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, Xinxiang Richful Lube Additive 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 Xinxiang Richful Lube Additive 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.
How are Xinxiang Richful Lube Additive dividends paid?
Xinxiang Richful Lube Additive dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Xinxiang Richful Lube Additive 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, Xinxiang Richful Lube Additive distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Xinxiang Richful Lube Additive 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.
How many times does Xinxiang Richful Lube Additive pay dividends?
Xinxiang Richful Lube Additive typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Xinxiang Richful Lube Additive pay dividends?
The general pattern is that Xinxiang Richful Lube Additive pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Xinxiang Richful Lube Additive dividend safe?
The safety of Xinxiang Richful Lube Additive 's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Xinxiang Richful Lube Additive '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 Xinxiang Richful Lube Additive '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.