Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see Shanghai Research Institute of Building Sciences Group Co., Ltd. (SHSE:603153) is about to trade ex-dividend in the next 2 days. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company’s books in order to receive a dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. In other words, investors can purchase Shanghai Research Institute of Building Sciences Group’s shares before the 14th of June in order to be eligible for the dividend, which will be paid on the 14th of June.
The company’s next dividend payment will be CN¥0.24 per share. Last year, in total, the company distributed CN¥0.24 to shareholders. Last year’s total dividend payments show that Shanghai…
