Milkyway Chemical Supply Chain Service Co., Ltd. provides chemical supply chain solutions worldwide. Its services include import and export cargo collection, booking, consignment, warehousing, packaging, loading/unloading, transit, distribution, filing and inspection, cargo insurance, international multimodal transport, third-party and contract logistics, etc.; leasing and transportation services for domestic and foreign trade through various types of tank containers and self-built tank yard networks; container tank technical services, including tank storage, cleaning, heating, repair, modification, and technical support services; and transportation and supporting logistics solutions for LNG tank containers and special chemical tankers. The company offers logistics services for oil and gas, petrochemical, renewable energy, nuclear power, infrastructure, engineering construction, mining and metallurgy, and other fields. Milkyway Chemical Supply Chain Service Co., Ltd. was founded in 1997 and is based in Shanghai, China.
Milkyway Chemical Supply Chain Service Dividend Announcement
• Milkyway Chemical Supply Chain Service announced a annually dividend of ¥0.53 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29 • Milkyway Chemical Supply Chain Service annual dividend for 2024 was ¥0.53 • Milkyway Chemical Supply Chain Service annual dividend for 2023 was ¥0.55 • Milkyway Chemical Supply Chain Service's trailing twelve-month (TTM) dividend yield is 0.96% • Milkyway Chemical Supply Chain Service's payout ratio for the trailing twelve months (TTM) is 52.97%
Milkyway Chemical Supply Chain Service Dividend History
Milkyway Chemical Supply Chain Service Dividend per year
Milkyway Chemical Supply Chain Service Dividend growth
Milkyway Chemical Supply Chain Service Dividend Yield
Milkyway Chemical Supply Chain Service current trailing twelve-month (TTM) dividend yield is 0.96%. Interested in purchasing Milkyway Chemical Supply Chain Service stock? Use our calculator to estimate your expected dividend yield:
Milkyway Chemical Supply Chain Service Financial Ratios
P/E ratio17.56
PEG ratio0.81
P/B ratio2.09
ROE12.40%
Payout ratio52.97%
Current ratio1.28
Quick ratio1.19
Cash Ratio0.24
Milkyway Chemical Supply Chain Service Dividend FAQ
How much is the next Milkyway Chemical Supply Chain Service dividend?
Milkyway Chemical Supply Chain Service's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Milkyway Chemical Supply Chain Service dividend. The next Milkyway Chemical Supply Chain Service dividend will be released in May.
When is Milkyway Chemical Supply Chain Service dividend paid?
Milkyway Chemical Supply Chain Service pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Milkyway Chemical Supply Chain Service pay?
The specific amount of Milkyway Chemical Supply Chain Service 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 Milkyway Chemical Supply Chain Service's dividend history.
Does Milkyway Chemical Supply Chain Service stock pay dividends?
Yes, Milkyway Chemical Supply Chain Service 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 Milkyway Chemical Supply Chain Service's dividend history.
How much dividend does Milkyway Chemical Supply Chain Service pay?
Milkyway Chemical Supply Chain Service paid ¥0.53 in 2024, ¥0.55 in 2023, ¥0.39 in 2022, ¥0.26 in 2021, and ¥0.19 in 2020.
How often does Milkyway Chemical Supply Chain Service pay dividends?
Milkyway Chemical Supply Chain Service 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 May.
What is Milkyway Chemical Supply Chain Service's dividend yield?
The current dividend yield for Milkyway Chemical Supply Chain Service is 0.96%. 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 Milkyway Chemical Supply Chain Service's exact dividend yield.
When does Milkyway Chemical Supply Chain Service go ex dividend?
Milkyway Chemical Supply Chain Service's ex-dividend date for the latest dividend was on 2024-05-29. Milkyway Chemical Supply Chain Service 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 Milkyway Chemical Supply Chain Service dividend paid?
Milkyway Chemical Supply Chain Service pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Milkyway Chemical Supply Chain Service 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 Milkyway Chemical Supply Chain Service 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 Milkyway Chemical Supply Chain Service dividend per share?
Milkyway Chemical Supply Chain Service paid ¥0.53 per share in 2024 and ¥0.55 per share in 2023. The amount of dividend per share that Milkyway Chemical Supply Chain Service 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 Milkyway Chemical Supply Chain Service 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 Milkyway Chemical Supply Chain Service 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 Milkyway Chemical Supply Chain Service a dividend stock?
Yes, Milkyway Chemical Supply Chain Service is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Milkyway Chemical Supply Chain Service a good dividend stock?
Whether Milkyway Chemical Supply Chain Service is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Milkyway Chemical Supply Chain Service has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Milkyway Chemical Supply Chain Service 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 Milkyway Chemical Supply Chain Service pay dividends monthly?
Milkyway Chemical Supply Chain Service typically pays dividends on a annually basis.
Does Milkyway Chemical Supply Chain Service pay dividends quarterly?
Milkyway Chemical Supply Chain Service currently pays dividends on a annually basis.
Has Milkyway Chemical Supply Chain Service ever paid a dividend?
Yes, Milkyway Chemical Supply Chain Service has a history of paying dividends to its shareholders. Milkyway Chemical Supply Chain Service is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Milkyway Chemical Supply Chain Service dividend stocks?
To buy Milkyway Chemical Supply Chain Service 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 Milkyway Chemical Supply Chain Service 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 Milkyway Chemical Supply Chain Service pay dividends 2024?
Milkyway Chemical Supply Chain Service pays dividends on a annually basis. 2024 dividend payments are in 2024-05-29. 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 Milkyway Chemical Supply Chain Service increase its dividend in 2024?
Decisions regarding Milkyway Chemical Supply Chain Service 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 Milkyway Chemical Supply Chain Service dividend overview you can look into the above table of dividend history.
How Milkyway Chemical Supply Chain Service dividend works?
The Milkyway Chemical Supply Chain Service 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 Milkyway Chemical Supply Chain Service's dividend process works:
1. Determination of Dividend: Milkyway Chemical Supply Chain Service'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, Milkyway Chemical Supply Chain Service 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, Milkyway Chemical Supply Chain Service 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 Milkyway Chemical Supply Chain Service 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 Milkyway Chemical Supply Chain Service dividends paid?
Milkyway Chemical Supply Chain Service dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Milkyway Chemical Supply Chain Service 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, Milkyway Chemical Supply Chain Service distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Milkyway Chemical Supply Chain Service 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 Milkyway Chemical Supply Chain Service pay dividends?
Milkyway Chemical Supply Chain Service 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 Milkyway Chemical Supply Chain Service pay dividends?
The general pattern is that Milkyway Chemical Supply Chain Service pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Milkyway Chemical Supply Chain Service dividend safe?
The safety of Milkyway Chemical Supply Chain Service'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 Milkyway Chemical Supply Chain Service'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 Milkyway Chemical Supply Chain Service'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.