Shanghai Chlor-Alkali Chemical Co., Ltd. manufactures and sells chemical products and equipment in China. The company invests in pharmaceutical products; engages in the installation, maintenance, and contracting services of chemical and pharmaceutical equipment projects; contracting overseas chemical projects and domestic international bidding projects; export of equipment and materials required for overseas projects; dispatch services of labor personnel for the implementation of the overseas projects; and import and export of goods and technologies. It also offers caustic soda, chlorine, hydrogen, fluorine and PVC series of chemical raw materials, and processed products; chemical machinery and equipment, production chemicals, raw and auxiliary materials, packaging materials, and storage tank leasing and storage services. The company was founded in 1992 and is based in Shanghai, China. Shanghai Chlor-Alkali Chemical Co., Ltd. is a subsidiary of Shanghai Huayi (Group) Company.
Shanghai Chlor-Alkali Chemical Dividend Announcement
• Shanghai Chlor-Alkali Chemical announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-07-16. Ex dividend date: 2024-07-16
• Shanghai Chlor-Alkali Chemical annual dividend for 2024 was ¥0.20
• Shanghai Chlor-Alkali Chemical annual dividend for 2023 was ¥0.36
• Shanghai Chlor-Alkali Chemical's trailing twelve-month (TTM) dividend yield is 1.86%
• Shanghai Chlor-Alkali Chemical's payout ratio for the trailing twelve months (TTM) is 31.20%
• Shanghai Chlor-Alkali Chemical's dividend growth over the last five years (2018-2023) was 59.38% year
Shanghai Chlor-Alkali Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-16 | ¥0.20 | annually | 2024-07-16 |
2023-07-13 | ¥0.36 | annually | 2023-07-13 |
2022-07-22 | ¥0.40 | annually | 2022-07-22 |
2021-07-29 | ¥0.06 | annually | 2021-07-29 |
2020-07-29 | ¥0.10 | annually | 2020-07-29 |
2019-07-08 | ¥0.12 | annually | 2019-07-08 |
2018-06-13 | ¥0.04 | annually | 2018-06-13 |
2014-06-19 | ¥0.01 | annually | |
2009-05-15 | ¥0.01 | annually | |
1997-07-04 | ¥0.06 | annually | |
1996-05-20 | ¥0.15 | annually | |
1995-05-08 | ¥0.12 | annually |
Shanghai Chlor-Alkali Chemical Dividend per year
Shanghai Chlor-Alkali Chemical Dividend growth
Shanghai Chlor-Alkali Chemical Dividend Yield
Shanghai Chlor-Alkali Chemical current trailing twelve-month (TTM) dividend yield is 1.86%. Interested in purchasing Shanghai Chlor-Alkali Chemical stock? Use our calculator to estimate your expected dividend yield:
Shanghai Chlor-Alkali Chemical Financial Ratios
Shanghai Chlor-Alkali Chemical Dividend FAQ
Other factors to consider when evaluating Shanghai Chlor-Alkali 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: Shanghai Chlor-Alkali 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, Shanghai Chlor-Alkali 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, Shanghai Chlor-Alkali 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 Shanghai Chlor-Alkali 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: Shanghai Chlor-Alkali 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, Shanghai Chlor-Alkali 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: Shanghai Chlor-Alkali 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 Shanghai Chlor-Alkali 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 Shanghai Chlor-Alkali 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.