China Steel Chemical Corporation produces and sells coal chemicals and refined carbon materials in Taiwan. The company provides coal tar series, which consists soft pitch, creosote oil, carbon black oil, wash oil, fine naphthalene, special pitch paint, wood preservative oil, refined oil, and naphthalene residual oil; and light oil series products, which include benzene, toluene, non-aromatic oils, and xylene mixture. It also offers coke series products, which comprise dehydrated coke fine, fine coke, CDQ, and Xylene mixture powder, as well as metallurgical coke; and carbon materials series products, which include green mesophase powders, mesophase graphite powders, high specific surface area activated carbon, refined pitch, binding carbon powder, high softening point pitch, and OEM for graphitization, as well as provides sulfur, iron oxide powder, and carburant. The company also exports its products to Australia, China, Japan, Korea, Vietnam, Myanmar, Thailand, Malaysia, the Philippines, Indonesia, Pakistan, Sri Lanka, India, Bangladesh, and Germany. The company was incorporated in 1989 and is headquartered in Kaohsiung, Taiwan.
China Steel Chemical Dividend Announcement
• China Steel Chemical announced a annually dividend of NT$4.00 per ordinary share which will be made payable on 2024-08-09. Ex dividend date: 2024-07-11
• China Steel Chemical annual dividend for 2024 was NT$4.00
• China Steel Chemical annual dividend for 2023 was NT$5.00
• China Steel Chemical's trailing twelve-month (TTM) dividend yield is 4.15%
• China Steel Chemical's payout ratio for the trailing twelve months (TTM) is 73.83%
• China Steel Chemical's dividend growth over the last five years (2018-2023) was 1.68% year
• China Steel Chemical's dividend growth over the last ten years (2013-2023) was -3.84% year
China Steel Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-11 | NT$4.00 | annually | 2024-08-09 |
2023-07-13 | NT$5.00 | annually | 2023-08-10 |
2022-07-05 | NT$4.00 | annually | 2022-08-03 |
2021-08-19 | NT$2.80 | annually | 2021-09-15 |
2020-07-15 | NT$5.00 | annually | 2020-08-14 |
2019-07-10 | NT$5.30 | annually | 2019-08-12 |
2018-07-19 | NT$4.60 | annually | 2018-08-17 |
2017-07-20 | NT$4.50 | annually | 2017-08-18 |
2016-07-13 | NT$4.50 | annually | |
2015-07-09 | NT$8.30 | annually | |
2014-07-16 | NT$8.30 | annually | |
2013-07-12 | NT$7.40 | annually |
China Steel Chemical Dividend per year
China Steel Chemical Dividend growth
China Steel Chemical Dividend Yield
China Steel Chemical current trailing twelve-month (TTM) dividend yield is 4.15%. Interested in purchasing China Steel Chemical stock? Use our calculator to estimate your expected dividend yield:
China Steel Chemical Financial Ratios
China Steel Chemical Dividend FAQ
Other factors to consider when evaluating China Steel Chemical 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 Steel Chemical'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 Steel Chemical 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 Steel Chemical 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 Steel Chemical 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 Steel Chemical 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 Steel Chemical 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 Steel Chemical 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 Steel Chemical'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 Steel Chemical'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.