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Shenyang Chemical Industry Co., Ltd. provides chlor-alkali chemicals, petrochemicals, and chemical materials in China and internationally. The company offers chlorine and alkali chemicals, including diaphragm and membrane process sodium hydroxide, sodium hypochlorite, industrial liquid chlorine, and industrial synthetic hydrochloric acid. It also provides petrochemical products, such as liquefied petroleum gas, toluene, mixed C4 colorless gas, mixed benzol, industrial propylene, industrial 1-butylene, benzene, and heavy liquid paraffin. In addition, the company offers various chemical materials comprising paste polyvinyl chloride resin, vinyl chloride-vinyl acetate copolymer paste resin, polyether, propylene oxide, methyl tertiary butyl ether, polyethylene resin, acrylic acid and ester, and fumed silica. Its products are used in the chemical sectors of metallurgy, light industry, textiles, medical care, cars and electronics industry, agriculture, construction, and other fields. The company also exports paste resin, acrylic acid and ester, and fumed silica to Europe, the Americas, South Asia, Middle East, Africa, Oceania, Hong Kong, and other countries and regions. It markets its products under the Star Tower, New Sun, and GBillow brand names. The company was founded in 1938 and is based in Shenyang, China.

Shenyang Chemical Industry Dividend Announcement

• Shenyang Chemical Industry announced a annually dividend of ¥0.09 per ordinary share which will be made payable on 2021-06-07. Ex dividend date: 2021-06-07
• Shenyang Chemical Industry's trailing twelve-month (TTM) dividend yield is -%
• Shenyang Chemical Industry's payout ratio for the trailing twelve months (TTM) is -16.13%

Shenyang Chemical Industry Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-06-07¥0.09annually2021-06-07
2019-06-25¥0.07annually2019-06-25
2017-06-20¥0.07annually2017-06-20
2009-06-03¥0.05annually
2005-08-31¥0.05annually
2001-05-31¥0.07annually

Shenyang Chemical Industry Dividend per year

Shenyang Chemical Industry Dividend Yield

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

Shenyang Chemical Industry Financial Ratios

P/E ratio-8.86
PEG ratio-1.51
P/B ratio2.18
ROE-23.59%
Payout ratio-16.13%
Current ratio0.68
Quick ratio0.60
Cash Ratio0.27

Shenyang Chemical Industry Dividend FAQ

Does Shenyang Chemical Industry stock pay dividends?
Shenyang Chemical Industry does not currently pay dividends to its shareholders.
Has Shenyang Chemical Industry ever paid a dividend?
No, Shenyang Chemical Industry has no a history of paying dividends to its shareholders. Shenyang Chemical Industry is not known for its dividend payments.
Why doesn't Shenyang Chemical Industry pay dividends?
There are several potential reasons why Shenyang Chemical Industry would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Shenyang Chemical Industry ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Shenyang Chemical Industry has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Shenyang Chemical Industry a dividend aristocrat?
Shenyang Chemical Industry is not considered a Dividend Aristocrat. 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 Shenyang Chemical Industry a dividend king?
Shenyang Chemical Industry is not classified as a "Dividend King". 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 Shenyang Chemical Industry a dividend stock?
No, Shenyang Chemical Industry is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Shenyang Chemical Industry stocks?
To buy Shenyang Chemical Industry 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Shenyang Chemical Industry 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.