Jiangsu SOPO Chemical Co. Ltd. manufactures and sells chemical products in China and internationally. It offers acetic acid and derivatives that are used in dyes, printing and dyeing, film, solvent, pharmaceuticals, pharmaceuticals, and pesticides; and ethyl acetate, an organic chemical raw material used in paints, adhesives, ethyl celluloses, artificial leathers, linoleum colorants, artificial fibers, and other related products, as well as used as an adhesive agent for printing inks and as a process solvent for organic chemical synthesis. The company also provides methyl alcohol, which is used in chemicals, plastics, and other related fields; and ADC foaming agents that are used in frothing of EVA, PE, natural rubber, PVC + NBR blend, etc. In addition, it offers sulfuric acid products, which are used in chemical, pharmaceutical, oil refining, and other related industries; chlorinated benzene; fatty alcohol; and chloroacetic acid. The company was founded in 1996 and is headquartered in Zhenjiang, the People's Republic of China.
Jiangsu SOPO Chemical Dividend Announcement
• Jiangsu SOPO Chemical announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2023-06-20. Ex dividend date: 2023-06-20
• Jiangsu SOPO Chemical annual dividend for 2023 was ¥0.20
• Jiangsu SOPO Chemical's trailing twelve-month (TTM) dividend yield is -%
• Jiangsu SOPO Chemical's payout ratio for the trailing twelve months (TTM) is 64.06%
Jiangsu SOPO Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-06-20 | ¥0.20 | annually | 2023-06-20 |
2022-05-11 | ¥1.00 | annually | 2022-05-11 |
2021-06-21 | ¥0.17 | annually | 2021-06-21 |
2018-06-22 | ¥0.12 | annually | 2018-06-22 |
2017-07-12 | ¥0.04 | annually | 2017-07-12 |
2014-07-04 | ¥0.03 | annually | |
2001-04-04 | ¥0.05 | annually |
Jiangsu SOPO Chemical Dividend per year
Jiangsu SOPO Chemical Dividend growth
Jiangsu SOPO Chemical Dividend Yield
Jiangsu SOPO Chemical current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jiangsu SOPO Chemical stock? Use our calculator to estimate your expected dividend yield:
Jiangsu SOPO Chemical Financial Ratios
Jiangsu SOPO Chemical Dividend FAQ
Other factors to consider when evaluating Jiangsu SOPO 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: Jiangsu SOPO 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, Jiangsu SOPO 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, Jiangsu SOPO 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 Jiangsu SOPO 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: Jiangsu SOPO 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, Jiangsu SOPO 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: Jiangsu SOPO 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 Jiangsu SOPO 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 Jiangsu SOPO 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.