Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see Shanghai Hi-Tech Control System Co., Ltd (SZSE:002184) is about to trade ex-dividend in the next two 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 as the process of settlement involves 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 Shanghai Hi-Tech Control System’s shares on or after the 2nd of August will not receive the dividend, which will be paid on the 2nd of August.
The company’s next dividend payment will be CN¥0.10 per share, and in the last 12 months, the company paid a total of CN¥0.10 per share. Looking at the last 12 months of distributions,…
