Shanghai SK Petroleum & Chemical Equipment Corporation Ltd., together with its subsidiaries, engages in the research and development, and manufacture of petroleum and chemical equipment in China. The company offers mud logging units, chromatographs, sensors, special and drilling instruments, LWD's, GMWD's, and FMWD's. It also provides well logging tools, oil instruments, well control equipment, wellhead equipment, and rubber seals. In addition, the company offers mud logging and well logging services, MWD services, and rental services. Further, it provides oilfield engineering technical services; manufactures precision analyzing instrumentation; and supplies petroleum analysis instrumentation. The company also exports its products to America, the Middle East, Europe, Central Asia, South Asia, and Africa. Shanghai SK Petroleum & Chemical Equipment Corporation Ltd. was founded in 1993 and is headquartered in Shanghai, China.
Shanghai SK Petroleum & Chemical Equipment Dividend Announcement
• Shanghai SK Petroleum & Chemical Equipment announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-06-24. Ex dividend date: 2024-06-24 • Shanghai SK Petroleum & Chemical Equipment annual dividend for 2024 was ¥0.05 • Shanghai SK Petroleum & Chemical Equipment's trailing twelve-month (TTM) dividend yield is 0.93% • Shanghai SK Petroleum & Chemical Equipment's payout ratio for the trailing twelve months (TTM) is 66.41%
Shanghai SK Petroleum & Chemical Equipment Dividend History
Shanghai SK Petroleum & Chemical Equipment Dividend per year
Shanghai SK Petroleum & Chemical Equipment Dividend growth
Shanghai SK Petroleum & Chemical Equipment Dividend Yield
Shanghai SK Petroleum & Chemical Equipment current trailing twelve-month (TTM) dividend yield is 0.93%. Interested in purchasing Shanghai SK Petroleum & Chemical Equipment stock? Use our calculator to estimate your expected dividend yield:
Shanghai SK Petroleum & Chemical Equipment Financial Ratios
P/E ratio58.57
PEG ratio4.61
P/B ratio1.73
ROE2.99%
Payout ratio66.41%
Current ratio2.26
Quick ratio1.49
Cash Ratio0.29
Shanghai SK Petroleum & Chemical Equipment Dividend FAQ
How much is the next Shanghai SK Petroleum & Chemical Equipment dividend?
Shanghai SK Petroleum & Chemical Equipment's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shanghai SK Petroleum & Chemical Equipment dividend. The next Shanghai SK Petroleum & Chemical Equipment dividend will be released in .
When is Shanghai SK Petroleum & Chemical Equipment dividend paid?
Shanghai SK Petroleum & Chemical Equipment pays dividends on a 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 Shanghai SK Petroleum & Chemical Equipment pay?
The specific amount of Shanghai SK Petroleum & Chemical Equipment 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 Shanghai SK Petroleum & Chemical Equipment's dividend history.
Does Shanghai SK Petroleum & Chemical Equipment stock pay dividends?
Yes, Shanghai SK Petroleum & Chemical Equipment 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 Shanghai SK Petroleum & Chemical Equipment's dividend history.
How much dividend does Shanghai SK Petroleum & Chemical Equipment pay?
Shanghai SK Petroleum & Chemical Equipment paid ¥0.05 in 2024, ¥0.0 in 2023, ¥0.05 in 2022, ¥0.05 in 2021, and ¥0.05 in 2020.
How often does Shanghai SK Petroleum & Chemical Equipment pay dividends?
Shanghai SK Petroleum & Chemical Equipment 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 .
What is Shanghai SK Petroleum & Chemical Equipment's dividend yield?
The current dividend yield for Shanghai SK Petroleum & Chemical Equipment is 0.93%. 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 Shanghai SK Petroleum & Chemical Equipment's exact dividend yield.
When does Shanghai SK Petroleum & Chemical Equipment go ex dividend?
Shanghai SK Petroleum & Chemical Equipment's ex-dividend date for the latest dividend was on 2024-06-24. Shanghai SK Petroleum & Chemical Equipment 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 Shanghai SK Petroleum & Chemical Equipment dividend paid?
Shanghai SK Petroleum & Chemical Equipment pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Shanghai SK Petroleum & Chemical Equipment 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 Shanghai SK Petroleum & Chemical Equipment 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 Shanghai SK Petroleum & Chemical Equipment dividend per share?
Shanghai SK Petroleum & Chemical Equipment paid ¥0.05 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Shanghai SK Petroleum & Chemical Equipment 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 Shanghai SK Petroleum & Chemical Equipment 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 Shanghai SK Petroleum & Chemical Equipment 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 Shanghai SK Petroleum & Chemical Equipment a dividend stock?
Yes, Shanghai SK Petroleum & Chemical Equipment is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shanghai SK Petroleum & Chemical Equipment a good dividend stock?
Whether Shanghai SK Petroleum & Chemical Equipment is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shanghai SK Petroleum & Chemical Equipment has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shanghai SK Petroleum & Chemical Equipment 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 Shanghai SK Petroleum & Chemical Equipment pay dividends monthly?
Shanghai SK Petroleum & Chemical Equipment typically pays dividends on a annually basis.
Does Shanghai SK Petroleum & Chemical Equipment pay dividends quarterly?
Shanghai SK Petroleum & Chemical Equipment currently pays dividends on a annually basis.
Has Shanghai SK Petroleum & Chemical Equipment ever paid a dividend?
Yes, Shanghai SK Petroleum & Chemical Equipment has a history of paying dividends to its shareholders. Shanghai SK Petroleum & Chemical Equipment is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shanghai SK Petroleum & Chemical Equipment dividend stocks?
To buy Shanghai SK Petroleum & Chemical Equipment 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 Shanghai SK Petroleum & Chemical Equipment 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 Shanghai SK Petroleum & Chemical Equipment pay dividends 2024?
Shanghai SK Petroleum & Chemical Equipment pays dividends on a annually basis. 2024 dividend payments are in 2024-06-24. 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 Shanghai SK Petroleum & Chemical Equipment increase its dividend in 2024?
Decisions regarding Shanghai SK Petroleum & Chemical Equipment 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 Shanghai SK Petroleum & Chemical Equipment dividend overview you can look into the above table of dividend history.
How Shanghai SK Petroleum & Chemical Equipment dividend works?
The Shanghai SK Petroleum & Chemical Equipment 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 Shanghai SK Petroleum & Chemical Equipment's dividend process works:
1. Determination of Dividend: Shanghai SK Petroleum & Chemical Equipment'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 SK Petroleum & Chemical Equipment 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 SK Petroleum & Chemical Equipment 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 SK Petroleum & Chemical Equipment 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 Shanghai SK Petroleum & Chemical Equipment dividends paid?
Shanghai SK Petroleum & Chemical Equipment dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shanghai SK Petroleum & Chemical Equipment 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 SK Petroleum & Chemical Equipment 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 SK Petroleum & Chemical Equipment 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 Shanghai SK Petroleum & Chemical Equipment pay dividends?
Shanghai SK Petroleum & Chemical Equipment 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 Shanghai SK Petroleum & Chemical Equipment pay dividends?
The general pattern is that Shanghai SK Petroleum & Chemical Equipment 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 Shanghai SK Petroleum & Chemical Equipment dividend safe?
The safety of Shanghai SK Petroleum & Chemical Equipment'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 Shanghai SK Petroleum & Chemical Equipment'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 SK Petroleum & Chemical Equipment'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.