002088 dividend:What is the current dividend yield and payout for 002088 (Shandong Jinjing Science & Technology) in 2026?
Q: What is the current dividend yield and payout for 002088 (Shandong Jinjing Science & Technology) in 2026?
A: As of early 2026, Shandong Jinjing Science & Technology (002088.SZ) maintains a dividend policy that reflects its stable cash flow from the glass and advanced materials business. Based on its latest annual report for fiscal year 2025, the company proposed a cash dividend of RMB 0.35 per share (pre-tax), representing a payout ratio of approximately 45% of net profit. With the stock trading around RMB 8.20 in January 2026, the trailing dividend yield stands at roughly 4.3%. This yield is notably higher than the average for the A-share building materials sector, which hovers near 2.8%. The company has consistently paid dividends for eight consecutive years, and its 2025 dividend marked a 16.7% increase from the prior year. Investors should note that the final dividend amount is subject to shareholder approval at the annual general meeting, typically held in May. For real-time updates, consult the Shenzhen Stock Exchange disclosures or the company's investor relations page.
Q: How has 002088's dividend history and payout ratio trended over the past five years?
A: Between 2021 and 2025, 002088 demonstrated a gradually rising dividend trend, supported by steady earnings growth in its pharmaceutical glass and automotive glass segments. The annual cash dividend per share (pre-tax) progressed as follows: RMB 0.18 in 2021, RMB 0.22 in 2022, RMB 0.25 in 2023, RMB 0.30 in 2024, and RMB 0.35 in 2025. The corresponding payout ratio fluctuated between 38% and 48%, averaging 43% over the period. This consistency signals management's commitment to shareholder returns while retaining sufficient capital for R&D and capacity expansion. Notably, in 2023 the company also introduced a special dividend of RMB 0.05 per share following the sale of a non-core asset. For 2026, analysts expect a dividend of RMB 0.38–0.40 per share, assuming net profit grows 8–10% year-over-year. The dividend policy explicitly targets a minimum 40% payout ratio, which provides a floor for income-focused investors. Always cross-check with official announcements, as dividend proposals can change with market conditions.
Q: What are the key dates and tax implications for receiving 002088's 2026 dividend?
A: For the 2026 dividend cycle, 002088 is expected to announce its final dividend alongside its 2025 annual results in late March or early April 2026. The key dates to watch are the declaration date, ex-dividend date, record date, and payment date. Historically, the ex-dividend date falls in late May, with payment occurring within two weeks. For A-share investors, dividend tax depends on holding period: shares held for more than one year are exempt from personal income tax; between one month and one year, the tax rate is 10%; and less than one month, it is 20%. Institutional investors should consult their tax advisors regarding qualified foreign institutional investor (QFII) rules. Since 002088 is listed on the Shenzhen Stock Exchange, dividends are paid in RMB. To qualify, you must hold the stock before the ex-dividend date—buying on or after that date means you will not receive the payout. Check the company's official公告 (announcement) for exact dates, as they can shift slightly year to year.
Dialogue about
Common scenarios of "002088 dividend"
【Curious Investor】 Hey, I've been looking into 002088 (Luyang Energy-Saving Materials). Do you know if they've announced any dividend for this year?
【Financial Analyst】 Yes, they have. For the 2023 fiscal year, Luyang Energy-Saving Materials proposed a cash dividend of 3 yuan per 10 shares, which is 0.3 yuan per share.
【Curious Investor】 That sounds decent. What was the dividend yield based on the current share price?
【Financial Analyst】 With the stock trading around 15 yuan, the yield is roughly 2%. It's not spectacular, but consistent with their payout history.
【Curious Investor】 Have they been paying dividends regularly?
【Financial Analyst】 Yes, they've paid dividends for several consecutive years. Last year, for 2022, they also paid 3 yuan per 10 shares. Before that, it was 2.5 yuan per 10 shares in 2021.
【Curious Investor】 So the dividend has been increasing gradually. What's their payout ratio?
【Financial Analyst】 Based on their 2023 earnings per share of about 0.55 yuan, the payout ratio is around 54%. That's reasonable, leaving room for reinvestment.
【Curious Investor】 When is the ex-dividend date usually?
【Financial Analyst】 They typically hold the annual general meeting in May and the ex-dividend date falls in June or early July. This year, the ex-dividend date was June 28, 2024.
【Curious Investor】 I see. So if I buy now, I won't get the dividend for 2023. Is there any special dividend?
【Financial Analyst】 No special dividend announced. Just the regular annual cash dividend. They sometimes also do share buybacks, but not this year.
【Curious Investor】 What about the dividend policy? Do they have a stable commitment?
【Financial Analyst】 Their policy states they aim to distribute at least 30% of annual profits as dividends, subject to financial conditions. They've exceeded that in recent years.
【Curious Investor】 That's good to know. How does their dividend compare to peers in the building materials sector?
【Financial Analyst】 It's in line with the sector average. Some peers offer higher yields, but Luyang's payout is sustainable given their strong cash flow.
【Curious Investor】 Thanks. I'll keep an eye on their next announcement for 2024.
【Financial Analyst】 You're welcome. Typically they announce with the annual report in March or April. Keep an eye on their official filings.