Hengli Petrochemical Co.,Ltd. engages in the petrochemical business. It produces and sells petroleum and intermediate petrochemical products, as well as synthetic fibers. The company was founded in 1999 and is based in Dalian, China.
Hengli Petrochemical Dividend Announcement
• Hengli Petrochemical announced a annually dividend of ¥0.55 per ordinary share which will be made payable on 2024-05-27. Ex dividend date: 2024-05-27 • Hengli Petrochemical annual dividend for 2024 was ¥0.55 • Hengli Petrochemical's trailing twelve-month (TTM) dividend yield is 3.98% • Hengli Petrochemical's payout ratio for the trailing twelve months (TTM) is 224.45%
Hengli Petrochemical current trailing twelve-month (TTM) dividend yield is 3.98%. Interested in purchasing Hengli Petrochemical stock? Use our calculator to estimate your expected dividend yield:
Hengli Petrochemical Financial Ratios
P/E ratio15.41
PEG ratio0.19
P/B ratio1.58
ROE10.36%
Payout ratio224.45%
Current ratio0.55
Quick ratio0.35
Cash Ratio0.22
Hengli Petrochemical Dividend FAQ
How much is the next Hengli Petrochemical dividend?
Hengli Petrochemical's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hengli Petrochemical dividend. The next Hengli Petrochemical dividend will be released in .
When is Hengli Petrochemical dividend paid?
Hengli Petrochemical pays dividends on a annually basis. The specific dates may vary each year but are generally around . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Hengli Petrochemical pay?
The specific amount of Hengli Petrochemical dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Hengli Petrochemical's dividend history.
Does Hengli Petrochemical stock pay dividends?
Yes, Hengli Petrochemical does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Hengli Petrochemical's dividend history.
How much dividend does Hengli Petrochemical pay?
Hengli Petrochemical paid ¥0.55 in 2024, ¥0.0 in 2023, ¥1.01 in 2022, ¥0.77 in 2021, and ¥0.4 in 2020.
How often does Hengli Petrochemical pay dividends?
Hengli Petrochemical typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around .
What is Hengli Petrochemical's dividend yield?
The current dividend yield for Hengli Petrochemical is 3.98%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Hengli Petrochemical's exact dividend yield.
When does Hengli Petrochemical go ex dividend?
Hengli Petrochemical's ex-dividend date for the latest dividend was on 2024-05-27. Hengli Petrochemical typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Hengli Petrochemical dividend paid?
Hengli Petrochemical pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Hengli Petrochemical increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Hengli Petrochemical will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Hengli Petrochemical dividend per share?
Hengli Petrochemical paid ¥0.55 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Hengli Petrochemical pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Hengli Petrochemical a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Hengli Petrochemical a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Hengli Petrochemical a dividend stock?
Yes, Hengli Petrochemical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hengli Petrochemical a good dividend stock?
Whether Hengli Petrochemical is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hengli Petrochemical has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hengli 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.
Does Hengli Petrochemical pay dividends monthly?
Hengli Petrochemical typically pays dividends on a annually basis.
Does Hengli Petrochemical pay dividends quarterly?
Hengli Petrochemical currently pays dividends on a annually basis.
Has Hengli Petrochemical ever paid a dividend?
Yes, Hengli Petrochemical has a history of paying dividends to its shareholders. Hengli Petrochemical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hengli Petrochemical dividend stocks?
To buy Hengli Petrochemical you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Hengli Petrochemical stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Hengli Petrochemical pay dividends 2024?
Hengli Petrochemical pays dividends on a annually basis. 2024 dividend payments are in 2024-05-27. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Hengli Petrochemical increase its dividend in 2024?
Decisions regarding Hengli Petrochemical dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Hengli Petrochemical dividend overview you can look into the above table of dividend history.
How Hengli Petrochemical dividend works?
The Hengli Petrochemical dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Hengli Petrochemical's dividend process works:
1. Determination of Dividend: Hengli 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, Hengli 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, Hengli 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 Hengli 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.
How are Hengli Petrochemical dividends paid?
Hengli Petrochemical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hengli 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, Hengli 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: Hengli 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.
How many times does Hengli Petrochemical pay dividends?
Hengli Petrochemical typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Hengli Petrochemical pay dividends?
The general pattern is that Hengli Petrochemical pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Hengli Petrochemical dividend safe?
The safety of Hengli Petrochemical's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Hengli 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 Hengli 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.