Nantong Acetic Acid Chemical Co., Ltd. manufactures and sells food and feed additives, pharmaceutical and pesticide intermediates, dye and pigment intermediates, and organic chemical raw materials in China. Its food and feed additives include sorbic acid, potassium sorbate, dehydroacetic acid, sodium dehydroacetate, nicotinic acid, nicotinamide, and clopidol; pharmaceutical and pesticide intermediates comprise methyl acetoacetate, ethyl acetoacetate, 2-cyanopyridine, 3-cyanopyridine, and 4-cyanopyridine; and organic chemical raw materials consist of diketene, acetonitrile, and crotonaldehyde. The company's dye and pigment intermediates include acetoacetanilide, 2-methylacetoacetanilide, N-acetoacetyl-4-methylaniline, o-acetoacetaniside, p-acetoacetaniside, p-acetophenetidide, 2,4-dimethylacetoacetanilide, acetoacetic-2,5-dimethoxyanilide, 1-(p-tolyl)-3-methyl-5-pyrazolone, 1-phenyl-3-methyl-5-pyrazolone, 5-acetoacetlamino benzimdazolone, and naphthol AS-G; 4-chloro-2,5-dimethoxyacetoacetanilide; and N,N'-(1,4-phenylene)bis(acetoacetamide). It also offers customized products, such as sodium acetate anhydrous, N-methylacetoacetamide, 2-isopropyl-4-methyl-6-pyrimidinone, 3-methyl-1-(4-sulfophenyl)-5-pyrazolone, 1-(3-sulfophenyl)-3-methyl-5-pyrazolone, 1-(3'-chlorophenyl)-3-methyl-5-pyrazolone, and 1-(2-chlorophenyl)-3-methyl-5-pyrazolone. The company also exports its products. Nantong Acetic Acid Chemical Co., Ltd. was founded in 1959 and is based in Nantong, China.
Nantong Acetic Acid Chemical Dividend Announcement
• Nantong Acetic Acid Chemical announced a annually dividend of ¥0.28 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-07-12
• Nantong Acetic Acid Chemical annual dividend for 2024 was ¥0.28
• Nantong Acetic Acid Chemical annual dividend for 2023 was ¥0.80
• Nantong Acetic Acid Chemical's trailing twelve-month (TTM) dividend yield is 2.86%
• Nantong Acetic Acid Chemical's payout ratio for the trailing twelve months (TTM) is -13.47%
• Nantong Acetic Acid Chemical's dividend growth over the last five years (2018-2023) was 16.05% year
Nantong Acetic Acid Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-12 | ¥0.28 | annually | 2024-07-12 |
2023-06-12 | ¥0.80 | annually | 2023-06-12 |
2022-06-16 | ¥0.50 | annually | 2022-06-16 |
2021-06-23 | ¥0.50 | annually | 2021-06-23 |
2020-06-18 | ¥0.50 | annually | 2020-06-18 |
2019-06-17 | ¥0.50 | annually | 2019-06-17 |
2018-06-15 | ¥0.38 | annually | 2018-06-15 |
2017-05-16 | ¥0.36 | annually | 2017-05-16 |
2016-05-05 | ¥0.20 | annually |
Nantong Acetic Acid Chemical Dividend per year
Nantong Acetic Acid Chemical Dividend growth
Nantong Acetic Acid Chemical Dividend Yield
Nantong Acetic Acid Chemical current trailing twelve-month (TTM) dividend yield is 2.86%. Interested in purchasing Nantong Acetic Acid Chemical stock? Use our calculator to estimate your expected dividend yield:
Nantong Acetic Acid Chemical Financial Ratios
Nantong Acetic Acid Chemical Dividend FAQ
Other factors to consider when evaluating Nantong Acetic Acid 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: Nantong Acetic Acid 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, Nantong Acetic Acid 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, Nantong Acetic Acid 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 Nantong Acetic Acid 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: Nantong Acetic Acid 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, Nantong Acetic Acid 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: Nantong Acetic Acid 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 Nantong Acetic Acid 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 Nantong Acetic Acid 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.