PETRONAS Chemicals Group Berhad, an investment holding company, engages in production and delivery of energy and solutions business. The company operates through Olefins and Derivatives, Fertilisers and Methanol, Specialties, and Other segments. It offers polymers comprising HDPE blown films, blow moulding, and pipes; linear low density polyethylene; and homopolymer, copolymer, and terpolymer polypropylene. In addition, the company offers ethylene, propylene, ethylene glycols, butyl carbitol and cellosolve, butanol, butyl acetate, polyethylene glycols, tergitol, nonylphenol ethoxylates, ethanolamines, and gas treating solvents; methanol, paraxylene, benzene, methyl tertiary butyl ether, and butadiene; ammonia; PETRONAS Aireblue, a diesel exhaust fluid; oxo-alcohols; and water-based mud additives. Further, it engages in processing feedstock into syngas, carbon monoxide, ethylene oxide derivatives, propylene derivatives, and related chemical products. Additionally, the company owns, operates, and manages Kertih marine facilities; processing natural gas into urea and ammonia; reselling, formulating, and manufacturing silicones, lube oil additives, and chemicals; and real estate business. The company was founded in 1985 and is based in Kuala Lumpur, Malaysia. PETRONAS Chemicals Group Berhad operates as a subsidiary of Petroliam Nasional Berhad.
PETRONAS Chemicals Berhad Dividend Announcement
• PETRONAS Chemicals Berhad announced a semi annually dividend of RM0.10 per ordinary share which will be made payable on 2024-09-12. Ex dividend date: 2024-08-30
• PETRONAS Chemicals Berhad annual dividend for 2024 was RM0.15
• PETRONAS Chemicals Berhad annual dividend for 2023 was RM0.24
• PETRONAS Chemicals Berhad's trailing twelve-month (TTM) dividend yield is 3.12%
• PETRONAS Chemicals Berhad's payout ratio for the trailing twelve months (TTM) is 156.25%
• PETRONAS Chemicals Berhad's dividend growth over the last five years (2018-2023) was -3.71% year
• PETRONAS Chemicals Berhad's dividend growth over the last ten years (2013-2023) was 0.87% year
PETRONAS Chemicals Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-30 | RM0.10 | semi annually | 2024-09-12 |
2024-03-12 | RM0.05 | semi annually | |
2023-09-07 | RM0.08 | semi annually | 2023-09-21 |
2023-03-10 | RM0.16 | semi annually | 2023-03-23 |
2022-09-07 | RM0.25 | semi annually | 2022-09-21 |
2022-03-11 | RM0.23 | semi annually | 2022-03-25 |
2021-12-07 | RM0.10 | semi annually | 2021-12-30 |
2021-09-10 | RM0.23 | semi annually | 2021-09-30 |
2021-03-10 | RM0.07 | semi annually | 2021-03-25 |
2020-09-07 | RM0.05 | semi annually | 2020-09-25 |
2020-03-12 | RM0.07 | semi annually | 2020-03-27 |
2019-08-27 | RM0.11 | semi annually | 2019-09-13 |
2019-03-08 | RM0.18 | semi annually | 2019-03-27 |
2018-08-29 | RM0.14 | semi annually | 2018-09-20 |
2018-03-05 | RM0.15 | semi annually | 2018-03-21 |
2017-08-23 | RM0.12 | semi annually | 2017-09-08 |
2017-03-03 | RM0.12 | semi annually | 2017-03-21 |
2016-08-22 | RM0.07 | semi annually | |
2016-03-07 | RM0.10 | semi annually | |
2015-08-20 | RM0.08 | semi annually | |
2015-03-05 | RM0.08 | semi annually | |
2014-08-22 | RM0.08 | semi annually | |
2014-02-21 | RM0.12 | semi annually | |
2013-09-06 | RM0.08 | semi annually | |
2013-06-05 | RM0.14 | semi annually |
PETRONAS Chemicals Berhad Dividend per year
PETRONAS Chemicals Berhad Dividend growth
PETRONAS Chemicals Berhad Dividend Yield
PETRONAS Chemicals Berhad current trailing twelve-month (TTM) dividend yield is 3.12%. Interested in purchasing PETRONAS Chemicals Berhad stock? Use our calculator to estimate your expected dividend yield:
PETRONAS Chemicals Berhad Financial Ratios
PETRONAS Chemicals Berhad Dividend FAQ
Other factors to consider when evaluating PETRONAS Chemicals Berhad 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: PETRONAS Chemicals Berhad'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, PETRONAS Chemicals Berhad 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, PETRONAS Chemicals Berhad 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 PETRONAS Chemicals Berhad 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: PETRONAS Chemicals Berhad 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, PETRONAS Chemicals Berhad distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: PETRONAS Chemicals Berhad 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 PETRONAS Chemicals Berhad'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 PETRONAS Chemicals Berhad'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.