Ocean Plastics Co., Ltd. manufactures and sells PVC rigid pipes and sheets in Taiwan, India, the United States, China, and internationally. The company offers eco-friendly DMF-free PU products, including water-based polyurethane resin (WBPU), non-solvent type prepolymer polyurethane resin, WBPU synthetic leather, and solvent-free prepolymerized PU leather for use in footwear, balls/sporting goods, furniture/home decorations, consumer electronic products, bag materials, garment/textiles, and special applications. It also provides wood plastic composites; and PVC sheets comprising clear PVC sheeting, flexible PVC sheeting, PVC semi-rigid films, and PVC rigid sheeting for stationery, furniture, decoration, and packaging applications, as well as for special grade purposes. In addition, the company offers PVC construction materials, which include PVC pipe, water feed, drainage, and sewage materials; and CELLwood products. Further, it provides PVC raw materials, including PVC compounds for use in bottle moldings, IC tube extrusion, shrinkage film compounds, modified clear PS compounds, PVC foam compounds, conductive PVC compounds, black masterbatches, and medical grade compounds; and PVC resins for use in general rigid sheets and pipes, insulating materials, vinyl tapes, PVC sheets and leather, blowing bottles, and IC tubes. Ocean Plastics Co., Ltd. was incorporated in 1965 and is headquartered in Taipei City, Taiwan.
Ocean Plastics Dividend Announcement
• Ocean Plastics announced a annually dividend of NT$0.40 per ordinary share which will be made payable on 2024-09-16. Ex dividend date: 2024-08-23
• Ocean Plastics annual dividend for 2024 was NT$0.40
• Ocean Plastics's trailing twelve-month (TTM) dividend yield is 1.18%
Ocean Plastics Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-23 | NT$0.40 | annually | 2024-09-16 |
| 2022-08-25 | NT$0.70 | annually | 2022-09-15 |
| 2021-08-26 | NT$1.00 | annually | 2021-09-15 |
| 2007-07-27 | NT$0.20 | annually | |
| 2006-07-27 | NT$0.55 | annually | |
| 2005-08-18 | NT$0.45 | annually | |
| 2004-08-12 | NT$0.50 | annually |
Ocean Plastics Dividend per year
Ocean Plastics Dividend growth
Ocean Plastics Dividend Yield
Ocean Plastics current trailing twelve-month (TTM) dividend yield is 1.18%. Interested in purchasing Ocean Plastics stock? Use our calculator to estimate your expected dividend yield:
Ocean Plastics Financial Ratios
P/E ratio32.62
PEG ratio0.32
P/B ratio1.21
ROE3.80%
Payout ratio0.00%
Current ratio2.13
Quick ratio1.69
Cash Ratio0.69
Ocean Plastics Dividend FAQ
How much is the next Ocean Plastics dividend?
Ocean Plastics's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Ocean Plastics dividend. The next Ocean Plastics dividend will be released in .
When is Ocean Plastics dividend paid?
Ocean Plastics 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 Ocean Plastics pay?
The specific amount of Ocean Plastics 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 Ocean Plastics's dividend history.
Does Ocean Plastics stock pay dividends?
Yes, Ocean Plastics 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 Ocean Plastics's dividend history.
How much dividend does Ocean Plastics pay?
Ocean Plastics paid NT$0.4 in 2024, NT$0.0 in 2023, NT$0.7 in 2022, NT$1.0 in 2021, and NT$0.0 in 2020.
How often does Ocean Plastics pay dividends?
Ocean Plastics 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 Ocean Plastics's dividend yield?
The current dividend yield for Ocean Plastics is 1.18%. 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 Ocean Plastics's exact dividend yield.
When does Ocean Plastics go ex dividend?
Ocean Plastics's ex-dividend date for the latest dividend was on 2024-08-23. Ocean Plastics 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 Ocean Plastics dividend paid?
Ocean Plastics pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Ocean Plastics 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 Ocean Plastics 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 Ocean Plastics dividend per share?
Ocean Plastics paid NT$0.4 per share in 2024 and NT$0.0 per share in 2023. The amount of dividend per share that Ocean Plastics 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 Ocean Plastics 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 Ocean Plastics 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 Ocean Plastics a dividend stock?
Yes, Ocean Plastics is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ocean Plastics a good dividend stock?
Whether Ocean Plastics is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Ocean Plastics has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Ocean Plastics 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 Ocean Plastics 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 Ocean Plastics pay dividends monthly?
Ocean Plastics typically pays dividends on a annually basis.
Does Ocean Plastics pay dividends quarterly?
Ocean Plastics currently pays dividends on a annually basis.
Has Ocean Plastics ever paid a dividend?
Yes, Ocean Plastics has a history of paying dividends to its shareholders. Ocean Plastics is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ocean Plastics dividend stocks?
To buy Ocean Plastics 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 Ocean Plastics 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 Ocean Plastics 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 Ocean Plastics pay dividends 2024?
Ocean Plastics pays dividends on a annually basis. 2024 dividend payments are in 2024-09-16. 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 Ocean Plastics increase its dividend in 2024?
Decisions regarding Ocean Plastics 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 Ocean Plastics dividend overview you can look into the above table of dividend history.
How Ocean Plastics dividend works?
The Ocean Plastics 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 Ocean Plastics's dividend process works:
1. Determination of Dividend: Ocean Plastics'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, Ocean Plastics 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, Ocean Plastics 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 Ocean Plastics 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: Ocean Plastics'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, Ocean Plastics 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, Ocean Plastics 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 Ocean Plastics 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 Ocean Plastics dividends paid?
Ocean Plastics dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Ocean Plastics 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, Ocean Plastics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ocean Plastics 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: Ocean Plastics 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, Ocean Plastics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ocean Plastics 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 Ocean Plastics pay dividends?
Ocean Plastics 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 Ocean Plastics pay dividends?
The general pattern is that Ocean Plastics 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 Ocean Plastics dividend safe?
The safety of Ocean Plastics'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 Ocean Plastics'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 Ocean Plastics'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 Ocean Plastics'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 Ocean Plastics'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.