Shanghai Huayi Group Corporation Limited operates as a chemical company in China and internationally. The company offers methanol, acetic acid, carbon monoxide, synthesis gas and sulfuric acid, air separation products, etc. for chemical, pharmaceutical, and other industries. It also provides support services for water, electricity, steam, and other public works, as well as special railway lines and dangerous chemical goods terminals; and dangerous chemical goods transport vehicles and other logistics facilities. In addition, the company offers caustic soda and PVC products under the Shenfeng brand; all-steel radial truck, all steel radial light truck, passenger, full-gauge radial truck, and semi-steel radial tires; and acrylic, ice crystal acrylic acid, butyl acrylate, ethyl acrylate, isooctyl acrylate, hydroxyethyl acrylate, and other products under the Yaxing brand for used in coatings, chemical fiber, textile, light, and other industries. The company was formerly known as Double Coin Holdings Ltd. Shanghai Huayi Group Corporation Limited was founded in 1997 and is based in Shanghai, China.
Shanghai Huayi Dividend Announcement
• Shanghai Huayi announced a annually dividend of ¥0.13 per ordinary share which will be made payable on 2024-08-06. Ex dividend date: 2024-08-06
• Shanghai Huayi annual dividend for 2024 was ¥0.13
• Shanghai Huayi annual dividend for 2023 was ¥0.19
• Shanghai Huayi's trailing twelve-month (TTM) dividend yield is 1.78%
• Shanghai Huayi's payout ratio for the trailing twelve months (TTM) is 121.43%
• Shanghai Huayi's dividend growth over the last five years (2018-2023) was 13.70% year
• Shanghai Huayi's dividend growth over the last ten years (2013-2023) was 6.63% year
Shanghai Huayi Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-06 | ¥0.13 | annually | 2024-08-06 |
2023-07-06 | ¥0.19 | annually | 2023-07-06 |
2022-07-06 | ¥0.42 | annually | 2022-07-06 |
2021-07-08 | ¥0.06 | annually | 2021-07-08 |
2020-07-29 | ¥0.10 | annually | 2020-07-29 |
2019-06-20 | ¥0.26 | annually | 2019-06-20 |
2018-06-12 | ¥0.10 | annually | 2018-06-12 |
2017-06-29 | ¥0.06 | annually | 2017-06-29 |
2016-06-24 | ¥0.10 | annually | |
2015-05-12 | ¥0.15 | annually | |
2014-06-19 | ¥0.11 | annually | |
2013-06-14 | ¥0.10 | annually |
Shanghai Huayi Dividend per year
Shanghai Huayi Dividend growth
Shanghai Huayi Dividend Yield
Shanghai Huayi current trailing twelve-month (TTM) dividend yield is 1.78%. Interested in purchasing Shanghai Huayi stock? Use our calculator to estimate your expected dividend yield:
Shanghai Huayi Financial Ratios
Shanghai Huayi Dividend FAQ
Other factors to consider when evaluating Shanghai Huayi 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 Huayi'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 Huayi 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 Huayi 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 Huayi 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 Huayi 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 Huayi 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 Huayi 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 Huayi'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 Huayi'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.