Lotte Chemical Corporation, a chemical company, manufactures and distributes polymers, monomers, basic petrochemical products, and megatrend products. The company operates through Monomer, Polymer, Basic Petrochemicals, and Others segments. It offers polymer products, including high density, low-density, and linear low-density polyethylene, as well as ethylene-vinyl acetate; transparent-impact resistance polypropylene, as well as polypropylene for injection and blow molding, yarns/fibers, and films; thermoplastic elastomers, adhesive resins, thermoplastic olefins, long fiber reinforced thermoplastics, and expanded polypropylenes; polycarbonates, polycarbonate resins, and acrylonitrile-butadiene-styrene resins; and polyethylene terephthalates. The company also provides monomers, such as ethylene glycols/ethylene oxides; methoxy polyethylene glycols and polyethylene glycols, as well as VPEG, a raw material for third generation admixtures; glycole ethers; methyl methacrylates; purified isophthalic acids; and purified terephthalic acids. In addition, it offers basic petrochemicals comprising benzene, toluene, mixed xylene, meta-xylene, para-xylene, and ortho-xylene, as well as isoprene, dicyclopentadiene, piperylene, and styrene monomers; and water treatment membranes. Further, the company provides property lease and labor dispatch services. It conducts operations in the Republic of Korea, Malaysia, the United States, Pakistan, China, and other regions. The company was formerly known as Honam Petrochemical Corporation and changed its name to Lotte Chemical Corporation in December 2012. Lotte Chemical Corporation was founded in 1976 and is headquartered in Seoul, South Korea.
Lotte Chemical Dividend Announcement
• Lotte Chemical announced a annually dividend of ₩1000.00 per ordinary share which will be made payable on 2024-08-09. Ex dividend date: 2024-07-25
• Lotte Chemical annual dividend for 2024 was ₩1000.00
• Lotte Chemical annual dividend for 2023 was ₩3500.00
• Lotte Chemical's trailing twelve-month (TTM) dividend yield is 4.39%
• Lotte Chemical's payout ratio for the trailing twelve months (TTM) is -70.80%
• Lotte Chemical's dividend growth over the last five years (2018-2023) was -19.73% year
• Lotte Chemical's dividend growth over the last ten years (2013-2023) was 13.35% year
Lotte Chemical Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-25 | ₩1000.00 | annually | 2024-08-09 |
| 2023-12-27 | ₩3500.00 | annually | 2024-04-25 |
| 2022-12-28 | ₩3500.00 | annually | 2023-04-28 |
| 2021-12-29 | ₩8300.00 | annually | 2022-04-22 |
| 2020-12-29 | ₩3600.00 | annually | 2021-04-22 |
| 2019-12-27 | ₩6700.00 | annually | 2020-04-24 |
| 2018-12-27 | ₩10500.00 | annually | 2019-04-26 |
| 2017-12-27 | ₩10500.00 | annually | 2018-04-19 |
| 2016-12-28 | ₩4000.00 | annually | |
| 2015-12-29 | ₩2500.00 | annually | |
| 2014-12-29 | ₩1000.00 | annually | |
| 2013-12-27 | ₩1000.00 | annually |
Lotte Chemical Dividend per year
Lotte Chemical Dividend growth
Lotte Chemical Dividend Yield
Lotte Chemical current trailing twelve-month (TTM) dividend yield is 4.39%. Interested in purchasing Lotte Chemical stock? Use our calculator to estimate your expected dividend yield:
Lotte Chemical Financial Ratios
P/E ratio-16.47
PEG ratio-1.61
P/B ratio0.27
ROE-1.65%
Payout ratio-70.80%
Current ratio1.20
Quick ratio0.84
Cash Ratio0.30
Lotte Chemical Dividend FAQ
How much is the next Lotte Chemical dividend?
Lotte Chemical's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Lotte Chemical dividend. The next Lotte Chemical dividend will be released in December.
When is Lotte Chemical dividend paid?
Lotte Chemical pays dividends on a annually basis. The specific dates may vary each year but are generally around December. 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 Lotte Chemical pay?
The specific amount of Lotte Chemical 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 Lotte Chemical's dividend history.
Does Lotte Chemical stock pay dividends?
Yes, Lotte Chemical 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 Lotte Chemical's dividend history.
How much dividend does Lotte Chemical pay?
Lotte Chemical paid ₩1000 in 2024, ₩3500 in 2023, ₩3500 in 2022, ₩8300 in 2021, and ₩3600 in 2020.
How often does Lotte Chemical pay dividends?
Lotte Chemical 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 December.
What is Lotte Chemical's dividend yield?
The current dividend yield for Lotte Chemical is 4.39%. 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 Lotte Chemical's exact dividend yield.
When does Lotte Chemical go ex dividend?
Lotte Chemical's ex-dividend date for the latest dividend was on 2024-07-25. Lotte Chemical 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 Lotte Chemical dividend paid?
Lotte Chemical pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Lotte Chemical 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 Lotte Chemical 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 Lotte Chemical dividend per share?
Lotte Chemical paid ₩1000 per share in 2024 and ₩3500 per share in 2023. The amount of dividend per share that Lotte Chemical 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 Lotte Chemical 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 Lotte Chemical 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 Lotte Chemical a dividend stock?
Yes, Lotte Chemical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Lotte Chemical a good dividend stock?
Whether Lotte Chemical is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Lotte Chemical has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Lotte 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.
Other factors to consider when evaluating Lotte 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.
Does Lotte Chemical pay dividends monthly?
Lotte Chemical typically pays dividends on a annually basis.
Does Lotte Chemical pay dividends quarterly?
Lotte Chemical currently pays dividends on a annually basis.
Has Lotte Chemical ever paid a dividend?
Yes, Lotte Chemical has a history of paying dividends to its shareholders. Lotte Chemical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Lotte Chemical dividend stocks?
To buy Lotte Chemical 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 Lotte Chemical 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.
Place an order: Use the brokerage's trading platform to place an order to buy Lotte Chemical 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 Lotte Chemical pay dividends 2024?
Lotte Chemical pays dividends on a annually basis. 2024 dividend payments are in 2024-08-09. 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 Lotte Chemical increase its dividend in 2024?
Decisions regarding Lotte Chemical 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 Lotte Chemical dividend overview you can look into the above table of dividend history.
How Lotte Chemical dividend works?
The Lotte Chemical 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 Lotte Chemical's dividend process works:
1. Determination of Dividend: Lotte 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, Lotte 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, Lotte 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 Lotte 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. Determination of Dividend: Lotte 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, Lotte 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, Lotte 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 Lotte 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.
How are Lotte Chemical dividends paid?
Lotte Chemical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Lotte 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, Lotte 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: Lotte 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.
1. Record Date: Lotte 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, Lotte 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: Lotte 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.
How many times does Lotte Chemical pay dividends?
Lotte Chemical 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 Lotte Chemical pay dividends?
The general pattern is that Lotte Chemical pays dividends around December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Lotte Chemical dividend safe?
The safety of Lotte Chemical'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 Lotte 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 Lotte 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.
To assess the safety of Lotte 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 Lotte 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.