Grand Pacific Petrochemical Corporation produces and sells petrochemical, synthetic resin and plastic, and other chemical products in Taiwan. Its product portfolio includes styrene monomer, an intermediate that is used primarily in the manufacturing of polystyrene (PS) resin, acrylonitrile-butadiene-styrene (ABS) resin, styrene butadiene rubber, and unsaturated polyester; and ABS resins, which are used in automobile interior parts, luggage, pipeline and valve materials, toys, and 3C products, as well as for plastic housing of IT products, such as PC monitors, modems, and scanners. The company's products also comprise PS resins that are used in the manufacturing of food containers, toys, plastic cards materials, and 3C products; and styrene acrylonitrile (SAN) resins used for the case of cassettes, battery, and disposable lighters, as well as blades for electric fans and air conditioner parts. In addition, it offers GPPC GRAMiD Polyamide 6,6, a highly crystalline straight-chain polycondensation polymer used in electronics, instrumentation, machinery, automotive components, home appliances, oil pipes, precision engineering products, textiles, etc., as well as in sporting goods, daily necessities, the production of medical equipment, etc. The company was formerly known as Delta Petrochemical Corporation and changed its name to Grand Pacific Petrochemical Corporation in 1984. The company was incorporated in 1973 and is headquartered in Kaohsiung, Taiwan.
Grand Pacific Petrochemical Dividend Announcement
• Grand Pacific Petrochemical announced a annually dividend of NT$0.49 per ordinary share which will be made payable on 2023-08-28. Ex dividend date: 2023-07-27
• Grand Pacific Petrochemical annual dividend for 2023 was NT$0.49
• Grand Pacific Petrochemical's trailing twelve-month (TTM) dividend yield is -%
• Grand Pacific Petrochemical's payout ratio for the trailing twelve months (TTM) is -35.10%
Grand Pacific Petrochemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-07-27 | NT$0.49 | annually | 2023-08-28 |
2022-07-14 | NT$2.00 | annually | 2022-08-15 |
2021-08-18 | NT$0.10 | annually | 2021-09-17 |
2018-07-16 | NT$1.00 | annually | 2018-08-15 |
2017-07-14 | NT$1.00 | annually | 2017-08-16 |
2016-07-14 | NT$0.80 | annually | |
2015-07-20 | NT$0.30 | annually | |
2014-07-21 | NT$1.00 | annually | |
2013-07-18 | NT$1.00 | annually | |
2012-07-25 | NT$0.70 | annually | |
2011-07-25 | NT$1.00 | annually | |
2010-07-14 | NT$0.20 | annually |
Grand Pacific Petrochemical Dividend per year
Grand Pacific Petrochemical Dividend growth
Grand Pacific Petrochemical Dividend Yield
Grand Pacific Petrochemical current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Grand Pacific Petrochemical stock? Use our calculator to estimate your expected dividend yield:
Grand Pacific Petrochemical Financial Ratios
Grand Pacific Petrochemical Dividend FAQ
Other factors to consider when evaluating Grand Pacific Petrochemical 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: Grand Pacific Petrochemical'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, Grand Pacific Petrochemical 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, Grand Pacific Petrochemical 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 Grand Pacific Petrochemical 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: Grand Pacific Petrochemical 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, Grand Pacific Petrochemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Grand Pacific Petrochemical 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 Grand Pacific Petrochemical'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 Grand Pacific Petrochemical'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.