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Satellite Chemical Co.,Ltd. produces and sells acrylic acid and ester, polymer emulsions, and functional polymer materials in China. The company also provides ethylene oxide and glycol, high-density polyethylene, and polycarboxylic monomer. In addition, it offers methyl acrylate, ethyl acrylate, n-butyl acrylate, and isooctyl acrylate; polymer emulsion and resin; super absorbent resin; hydrogen peroxide and pigment intermediaries. The company was formerly known as Zhejiang Satellite Petrochemical Co., Ltd. and changed its name to Satellite Chemical Co.,Ltd. in October 2021. Satellite Chemical Co.,Ltd. was founded in 2010 and is headquartered in Jiaxing, China.

Satellite Chemical Dividend Announcement

Satellite Chemical announced a semi annually dividend of ¥0.40 per ordinary share which will be made payable on 2024-05-14. Ex dividend date: 2024-05-14
Satellite Chemical annual dividend for 2024 was ¥0.40
Satellite Chemical's trailing twelve-month (TTM) dividend yield is 2.19%
Satellite Chemical's payout ratio for the trailing twelve months (TTM) is 34.33%

Satellite Chemical Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-14¥0.40semi annually2024-05-14
2022-10-13¥0.40semi annually2022-10-13
2022-06-06¥0.35semi annually2022-06-06
2021-06-03¥0.17semi annually2021-06-03
2020-05-18¥0.18semi annually2020-05-18
2019-04-26¥0.09semi annually2019-04-29
2018-04-18¥0.09semi annually2018-04-18
2017-04-14¥0.12semi annually2017-04-14
2014-05-07¥0.35semi annually
2013-05-03¥0.30semi annually
2012-05-17¥1.00semi annually

Satellite Chemical Dividend per year

Satellite Chemical Dividend growth

Satellite Chemical Dividend Yield

Satellite Chemical current trailing twelve-month (TTM) dividend yield is 2.19%. Interested in purchasing Satellite Chemical stock? Use our calculator to estimate your expected dividend yield:

Satellite Chemical Financial Ratios

P/E ratio12.32
PEG ratio0.05
P/B ratio2.35
ROE19.45%
Payout ratio34.33%
Current ratio0.88
Quick ratio0.52
Cash Ratio0.31

Satellite Chemical Dividend FAQ

How much is the next Satellite Chemical dividend?
Satellite Chemical's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Satellite Chemical dividend. The next Satellite Chemical dividend will be released in .
When is Satellite Chemical dividend paid?
Satellite Chemical pays dividends on a semi 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 Satellite Chemical pay?
The specific amount of Satellite Chemical 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 Satellite Chemical's dividend history.
Does Satellite Chemical stock pay dividends?
Yes, Satellite Chemical 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 Satellite Chemical's dividend history.
How much dividend does Satellite Chemical pay?
Satellite Chemical paid ¥0.4 in 2024, ¥0.0 in 2023, ¥0.749 in 2022, ¥0.17 in 2021, and ¥0.18 in 2020.
How often does Satellite Chemical pay dividends?
Satellite Chemical typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around .
What is Satellite Chemical's dividend yield?
The current dividend yield for Satellite Chemical is 2.19%. 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 Satellite Chemical's exact dividend yield.
When does Satellite Chemical go ex dividend?
Satellite Chemical's ex-dividend date for the latest dividend was on 2024-05-14. Satellite Chemical 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 Satellite Chemical dividend paid?
Satellite Chemical pays dividends on a semi annually basis, typically around , but the exact dates can vary each year.
Will Satellite Chemical 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 Satellite Chemical 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 Satellite Chemical dividend per share?
Satellite Chemical paid ¥0.4 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Satellite Chemical 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 Satellite Chemical 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 Satellite Chemical 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 Satellite Chemical a dividend stock?
Yes, Satellite Chemical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Satellite Chemical a good dividend stock?
Whether Satellite Chemical is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Satellite Chemical has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Satellite 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.
Does Satellite Chemical pay dividends monthly?
Satellite Chemical typically pays dividends on a semi annually basis.
Does Satellite Chemical pay dividends quarterly?
Satellite Chemical currently pays dividends on a semi annually basis.
Has Satellite Chemical ever paid a dividend?
Yes, Satellite Chemical has a history of paying dividends to its shareholders. Satellite Chemical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Satellite Chemical dividend stocks?
To buy Satellite Chemical 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 Satellite Chemical 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 Satellite Chemical pay dividends 2024?
Satellite Chemical pays dividends on a semi annually basis. 2024 dividend payments are in 2024-05-14. 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 Satellite Chemical increase its dividend in 2024?
Decisions regarding Satellite Chemical 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 Satellite Chemical dividend overview you can look into the above table of dividend history.
How Satellite Chemical dividend works?
The Satellite Chemical 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 Satellite Chemical's dividend process works:

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

1. Record Date: Satellite 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, Satellite 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: Satellite 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.
How many times does Satellite Chemical pay dividends?
Satellite Chemical typically pays dividends on a semi 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 Satellite Chemical pay dividends?
The general pattern is that Satellite Chemical 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 Satellite Chemical dividend safe?
The safety of Satellite Chemical'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 Satellite 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 Satellite 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.