Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see LEPU ScienTech Medical Technology (Shanghai) Co., Ltd. (HKG:2291) is about to trade ex-dividend in the next three days. The ex-dividend date is two business days before a company’s record date in most cases, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is important as the process of settlement involves at least two full business days. So if you miss that date, you would not show up on the company’s books on the record date. This means that investors who purchase LEPU ScienTech Medical Technology (Shanghai)’s shares on or after the 26th of May will not receive the dividend, which will be paid on the 31st of July.
The company’s next dividend payment will be CN¥0.62 per share, and in the last 12 months, the company paid a total of CN¥0.62…
