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Rongsheng Petrochemical Co., Ltd. produces, markets, and sells petrochemicals, chemical fibers, and other related products. It offers synthetic fibers and films; olefins and downstream; aromatics and downstream; gasoline, diesel, and kerosene; purified terephthalic acid; polyester chips; polyester bottle flakes; polyester pre-oriented yarns; polyester fully drawn yarns; and polyester textured yarns. The company also provides polystyrene resin, ABS resin, SAN resin, styrene butadiene rubber, ion exchange resin, unsaturated resin, styrene thermoplastic elastomer, methyl methacrylate, and purified terephthalic acids; synthetic resins, such as low density polyethylene, linear low density polyethylene, high density polyethylene, and polypropylene; and polycarbonate, xylene, ethylene, methyl methacrylate, bisphenol A, and acrylonitrile. The company was formerly known as Rongsheng Chemical Fiber Group Co., Ltd. and changed its name to Rongsheng Petrochemical Co., Ltd. in September 2007. The company was founded in 1995 and is based in Hangzhou, China. Rongsheng Petrochemical Co., Ltd. is a subsidiary of Zhejiang Rongsheng Holding Group Co., Ltd.

Rongsheng Petrochemical Dividend Announcement

Rongsheng Petrochemical announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-05. Ex dividend date: 2024-06-05
Rongsheng Petrochemical annual dividend for 2024 was ¥0.10
Rongsheng Petrochemical annual dividend for 2023 was ¥0.15
Rongsheng Petrochemical's trailing twelve-month (TTM) dividend yield is 0.97%
Rongsheng Petrochemical's payout ratio for the trailing twelve months (TTM) is 288.57%
Rongsheng Petrochemical's dividend growth over the last five years (2018-2023) was 4.56% year
Rongsheng Petrochemical's dividend growth over the last ten years (2013-2023) was 4.14% year

Rongsheng Petrochemical Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-05¥0.10annually2024-06-05
2023-05-26¥0.15annually2023-05-26
2022-06-06¥0.15annually2022-06-06
2021-06-01¥0.15annually2021-06-01
2020-05-28¥0.12annually2020-05-28
2019-05-28¥0.10annually2019-05-28
2018-05-08¥0.12annually2018-05-08
2017-05-18¥0.12annually2017-05-18
2016-06-06¥0.03annually
2015-06-16¥0.05annually
2014-05-16¥0.10annually
2013-05-29¥0.10annually

Rongsheng Petrochemical Dividend per year

Rongsheng Petrochemical Dividend growth

Rongsheng Petrochemical Dividend Yield

Rongsheng Petrochemical current trailing twelve-month (TTM) dividend yield is 0.97%. Interested in purchasing Rongsheng Petrochemical stock? Use our calculator to estimate your expected dividend yield:

Rongsheng Petrochemical Financial Ratios

P/E ratio31.53
PEG ratio0.74
P/B ratio2.26
ROE7.06%
Payout ratio288.57%
Current ratio0.60
Quick ratio0.25
Cash Ratio0.12

Rongsheng Petrochemical Dividend FAQ

How much is the next Rongsheng Petrochemical dividend?
Rongsheng Petrochemical's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Rongsheng Petrochemical dividend. The next Rongsheng Petrochemical dividend will be released in May.
When is Rongsheng Petrochemical dividend paid?
Rongsheng Petrochemical 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 Rongsheng Petrochemical pay?
The specific amount of Rongsheng Petrochemical 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 Rongsheng Petrochemical's dividend history.
Does Rongsheng Petrochemical stock pay dividends?
Yes, Rongsheng Petrochemical 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 Rongsheng Petrochemical's dividend history.
How much dividend does Rongsheng Petrochemical pay?
Rongsheng Petrochemical paid ¥0.1 in 2024, ¥0.15 in 2023, ¥0.15 in 2022, ¥0.15 in 2021, and ¥0.12 in 2020.
How often does Rongsheng Petrochemical pay dividends?
Rongsheng Petrochemical 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 Rongsheng Petrochemical's dividend yield?
The current dividend yield for Rongsheng Petrochemical is 0.97%. 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 Rongsheng Petrochemical's exact dividend yield.
When does Rongsheng Petrochemical go ex dividend?
Rongsheng Petrochemical's ex-dividend date for the latest dividend was on 2024-06-05. Rongsheng Petrochemical 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 Rongsheng Petrochemical dividend paid?
Rongsheng Petrochemical pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Rongsheng Petrochemical 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 Rongsheng Petrochemical 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 Rongsheng Petrochemical dividend per share?
Rongsheng Petrochemical paid ¥0.1 per share in 2024 and ¥0.15 per share in 2023. The amount of dividend per share that Rongsheng Petrochemical 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 Rongsheng Petrochemical 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 Rongsheng Petrochemical 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 Rongsheng Petrochemical a dividend stock?
Yes, Rongsheng Petrochemical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Rongsheng Petrochemical a good dividend stock?
Whether Rongsheng Petrochemical is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Rongsheng Petrochemical has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Rongsheng Petrochemical 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 Rongsheng Petrochemical pay dividends monthly?
Rongsheng Petrochemical typically pays dividends on a annually basis.
Does Rongsheng Petrochemical pay dividends quarterly?
Rongsheng Petrochemical currently pays dividends on a annually basis.
Has Rongsheng Petrochemical ever paid a dividend?
Yes, Rongsheng Petrochemical has a history of paying dividends to its shareholders. Rongsheng Petrochemical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Rongsheng Petrochemical dividend stocks?
To buy Rongsheng Petrochemical 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 Rongsheng Petrochemical 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 Rongsheng Petrochemical pay dividends 2024?
Rongsheng Petrochemical pays dividends on a annually basis. 2024 dividend payments are in 2024-06-05. 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 Rongsheng Petrochemical increase its dividend in 2024?
Decisions regarding Rongsheng Petrochemical 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 Rongsheng Petrochemical dividend overview you can look into the above table of dividend history.
How Rongsheng Petrochemical dividend works?
The Rongsheng Petrochemical 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 Rongsheng Petrochemical's dividend process works:

1. Determination of Dividend: Rongsheng Petrochemical'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, Rongsheng Petrochemical 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, Rongsheng Petrochemical 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 Rongsheng Petrochemical 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 Rongsheng Petrochemical dividends paid?
Rongsheng Petrochemical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Rongsheng Petrochemical 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, Rongsheng Petrochemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Rongsheng Petrochemical 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 Rongsheng Petrochemical pay dividends?
Rongsheng Petrochemical 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 Rongsheng Petrochemical pay dividends?
The general pattern is that Rongsheng Petrochemical 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 Rongsheng Petrochemical dividend safe?
The safety of Rongsheng Petrochemical'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 Rongsheng Petrochemical'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 Rongsheng Petrochemical'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.