China General Plastics Corporation manufactures, sells, and services various vinyl products in Asia, the United States, Oceania, Europe, the Middle East, and Africa. It operates through Vinyl Chloride Monomer (VCM) Products and Polyvinyl Chloride (PVC) Products segments. The company offers raw materials and fabrication products. Its products include PVC resins for use in various applications, including injection and blowing molding, hollow vacuum forming, rigid and shrinkable films, soft and semi-rigid products, rigid pipes, hoses, wire and cable insulation, high impact flexible products, high impact sheets, high voltage wires, and cable insulations, as well as PVC compound products comprising soft and rigid type compounds. In addition, the company provides construction products, such as PVC pipes and fittings, waterproofing membranes, anti-corrosion liners, PVC wall/partition boards, PVC panels, etc. Further, it offers flexible, rigid, printed, and laminated films and sheets; furniture lamination films; and synthetic leather products for use in shoes, furniture, marine, vehicles, sports equipment, medical care applications, as well as stain resistance materials. The company also provides green materials that include VERDOR GREEN leather/film, and VERDA GREEN and POLYTEX GREEN leather. China General Plastics Corporation was founded in 1964 and is headquartered in Taipei, Taiwan.
China General Plastics Dividend Announcement
• China General Plastics announced a annually dividend of NT$0.35 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-07-26
• China General Plastics annual dividend for 2024 was NT$0.35
• China General Plastics annual dividend for 2023 was NT$0.30
• China General Plastics's trailing twelve-month (TTM) dividend yield is 2.59%
• China General Plastics's payout ratio for the trailing twelve months (TTM) is -52.60%
• China General Plastics's dividend growth over the last five years (2018-2023) was -26.24% year
• China General Plastics's dividend growth over the last ten years (2013-2023) was -2.27% year
China General Plastics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-26 | NT$0.35 | annually | 2024-08-23 |
2023-07-27 | NT$0.30 | annually | 2023-08-25 |
2022-07-28 | NT$2.50 | annually | 2022-08-31 |
2021-09-02 | NT$1.80 | annually | 2021-10-07 |
2020-07-23 | NT$0.50 | annually | 2020-08-28 |
2019-07-25 | NT$1.37 | annually | 2019-08-23 |
2018-07-26 | NT$1.37 | annually | 2018-08-24 |
2017-07-27 | NT$1.47 | annually | 2017-08-25 |
2016-08-18 | NT$0.83 | annually | |
2015-07-30 | NT$0.17 | annually | |
2014-07-24 | NT$0.74 | annually | |
2013-07-30 | NT$0.38 | annually |
China General Plastics Dividend per year
China General Plastics Dividend growth
China General Plastics Dividend Yield
China General Plastics current trailing twelve-month (TTM) dividend yield is 2.59%. Interested in purchasing China General Plastics stock? Use our calculator to estimate your expected dividend yield:
China General Plastics Financial Ratios
China General Plastics Dividend FAQ
Other factors to consider when evaluating China General Plastics as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: China General Plastics's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, China General Plastics publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, China General Plastics distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from China General Plastics are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: China General Plastics sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, China General Plastics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: China General Plastics declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of China General Plastics's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review China General Plastics's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.