Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be intrigued to know that Shanghai @hub Co.,Ltd. (SHSE:603881) is about to go ex-dividend in just three 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. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Therefore, if you purchase Shanghai @hubLtd’s shares on or after the 15th of October, you won’t be eligible to receive the dividend, when it is paid on the 15th of October.
The company’s next dividend payment will be CN¥0.024 per share. Last year, in total, the company distributed CN¥0.062 to shareholders. Looking at the last 12 months of distributions, Shanghai @hubLtd has a trailing…
