Daqing Huake Company Limited develops, produces, and sells petrochemicals and fine chemicals in China. The company offers chemical products, including heavy aromatics, crude isopentene, crude isoprene, industrial acetonitrile, industrial dicyclopentadiene, light aromatics, ethylene tar, crude pentadiene, hydrogenated pentene, light colour petroleum resins, and intermittent liquid phase bulk polypropylene powder. It also provides plastic products, such as polypropylene woven bag coating special materials and polyethylene insulation for communication cables, as well as medical and health products. The company also exports its products to approximately 20 countries and regions, such as Europe, Southeast Asia, and North America. Daqing Huake Company Limited was founded in 1998 and is based in Daqing, China.
Daqing Huake Dividend Announcement
• Daqing Huake announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-06-20. Ex dividend date: 2024-06-20
• Daqing Huake annual dividend for 2024 was ¥0.02
• Daqing Huake annual dividend for 2023 was ¥0.05
• Daqing Huake's trailing twelve-month (TTM) dividend yield is 0.1%
• Daqing Huake's payout ratio for the trailing twelve months (TTM) is 4.67%
Daqing Huake Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-20 | ¥0.02 | annually | 2024-06-20 |
2023-06-21 | ¥0.05 | annually | 2023-06-21 |
2022-06-23 | ¥0.05 | annually | 2022-06-23 |
2021-05-31 | ¥0.05 | annually | 2021-05-31 |
2020-06-29 | ¥0.16 | annually | 2020-06-29 |
2018-06-14 | ¥0.18 | annually | 2018-06-14 |
2017-06-14 | ¥0.12 | annually | 2017-06-14 |
2015-06-25 | ¥0.06 | annually | |
2014-06-24 | ¥0.05 | annually | |
2012-07-02 | ¥0.10 | annually | |
2011-06-21 | ¥0.10 | annually | |
2010-07-12 | ¥0.18 | annually |
Daqing Huake Dividend per year
Daqing Huake Dividend growth
Daqing Huake Dividend Yield
Daqing Huake current trailing twelve-month (TTM) dividend yield is 0.1%. Interested in purchasing Daqing Huake stock? Use our calculator to estimate your expected dividend yield:
Daqing Huake Financial Ratios
Daqing Huake Dividend FAQ
Other factors to consider when evaluating Daqing Huake 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: Daqing Huake'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, Daqing Huake 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, Daqing Huake 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 Daqing Huake 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: Daqing Huake 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, Daqing Huake distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Daqing Huake 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 Daqing Huake'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 Daqing Huake'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.