Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petroleum products in the People's Republic of China. It operates through five segments: Synthetic Fibers, Resins and Plastics, Intermediate Petrochemicals, Petroleum Products, and Trading of Petrochemical Products. The Synthetic Fibers segment produces polyesters, acrylic fibers, and carbon fibers that are primarily used in the textile and apparel industries. The Resins and Plastics segment produces polyester chips that are used to produce polyester fibers, coating, and containers; polyethylene resins and plastics, which are used to produce insulated cables and mulching films, as well as molded products, such as housewares and toys; and polypropylene resins that are used for films and sheets, as well as molded products, such as housewares, toys, consumer electronics, and automobile parts; and PVA granules. The Intermediate Petrochemicals segment produces p-xylene, benzene, and ethylene oxide, which are used as raw materials in the production of other petrochemicals, resins, plastics, and synthetic fibers. The Petroleum Products segment operates crude oil refinery facilities used to produce refined gasoline, fuel, diesel oil, heavy oil, and liquefied petroleum gas. The Trading of Petrochemical Products segment is involved in the import and export of petrochemical products. The company was founded in 1972 and is based in Shanghai, the People's Republic of China. Sinopec Shanghai Petrochemical Company Limited is a subsidiary of China Petroleum & Chemical Corporation.
Sinopec Shanghai Petrochemical Dividend Announcement
• Sinopec Shanghai Petrochemical announced a annually dividend of $0.12 per ordinary share which will be made payable on 2022-07-28. Ex dividend date: 2022-06-29
• Sinopec Shanghai Petrochemical's trailing twelve-month (TTM) dividend yield is -%
• Sinopec Shanghai Petrochemical's payout ratio for the trailing twelve months (TTM) is -21.32%
Sinopec Shanghai Petrochemical Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2022-06-29 | $0.12 | annually | 2022-07-28 |
| 2021-06-21 | $0.12 | annually | 2021-07-20 |
| 2020-06-22 | $0.13 | annually | 2020-07-21 |
| 2019-06-24 | $0.28 | annually | 2019-07-18 |
| 2018-06-19 | $0.05 | annually | 2018-07-13 |
| 2017-06-19 | $0.25 | annually | 2017-07-13 |
| 2016-06-22 | $0.10 | annually | |
| 2014-06-25 | $0.05 | annually | |
| 2013-10-24 | $0.03 | annually |
Sinopec Shanghai Petrochemical Dividend per year
Sinopec Shanghai Petrochemical Dividend growth
Sinopec Shanghai Petrochemical Dividend Yield
Sinopec Shanghai Petrochemical current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sinopec Shanghai Petrochemical stock? Use our calculator to estimate your expected dividend yield:
Sinopec Shanghai Petrochemical Financial Ratios
P/E ratio-62.08
PEG ratio-0.34
P/B ratio1.64
ROE-2.65%
Payout ratio-21.32%
Current ratio1.21
Quick ratio0.91
Cash Ratio0.76
Sinopec Shanghai Petrochemical Dividend FAQ
How much is the next Sinopec Shanghai Petrochemical dividend?
Sinopec Shanghai Petrochemical's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sinopec Shanghai Petrochemical dividend. The next Sinopec Shanghai Petrochemical dividend will be released in June.
When is Sinopec Shanghai Petrochemical dividend paid?
Sinopec Shanghai Petrochemical pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Sinopec Shanghai Petrochemical pay?
The specific amount of Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical's dividend history.
Does Sinopec Shanghai Petrochemical stock pay dividends?
Yes, Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical's dividend history.
How much dividend does Sinopec Shanghai Petrochemical pay?
Sinopec Shanghai Petrochemical paid $0.0 in 2024, $0.0 in 2023, $0.117 in 2022, $0.121 in 2021, and $0.131 in 2020.
How often does Sinopec Shanghai Petrochemical pay dividends?
Sinopec Shanghai Petrochemical 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 June.
What is Sinopec Shanghai Petrochemical's dividend yield?
The current dividend yield for Sinopec Shanghai Petrochemical is -%. 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 Sinopec Shanghai Petrochemical's exact dividend yield.
When does Sinopec Shanghai Petrochemical go ex dividend?
Sinopec Shanghai Petrochemical's ex-dividend date for the latest dividend was on 2022-06-29. Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical dividend paid?
Sinopec Shanghai Petrochemical pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical dividend per share?
Sinopec Shanghai Petrochemical paid $0.0 per share in 2024 and $0.0 per share in 2023. The amount of dividend per share that Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical a dividend stock?
Yes, Sinopec Shanghai Petrochemical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sinopec Shanghai Petrochemical a good dividend stock?
Whether Sinopec Shanghai Petrochemical is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sinopec Shanghai Petrochemical has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Sinopec Shanghai Petrochemical 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.
Other factors to consider when evaluating Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical pay dividends monthly?
Sinopec Shanghai Petrochemical typically pays dividends on a annually basis.
Does Sinopec Shanghai Petrochemical pay dividends quarterly?
Sinopec Shanghai Petrochemical currently pays dividends on a annually basis.
Has Sinopec Shanghai Petrochemical ever paid a dividend?
Yes, Sinopec Shanghai Petrochemical has a history of paying dividends to its shareholders. Sinopec Shanghai Petrochemical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sinopec Shanghai Petrochemical dividend stocks?
To buy Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical 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.
Place an order: Use the brokerage's trading platform to place an order to buy Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical pay dividends 2024?
Sinopec Shanghai Petrochemical pays dividends on a annually basis. 2024 dividend payments are in 2022-07-28. 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 Sinopec Shanghai Petrochemical increase its dividend in 2024?
Decisions regarding Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical dividend overview you can look into the above table of dividend history.
How Sinopec Shanghai Petrochemical dividend works?
The Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical's dividend process works:
1. Determination of Dividend: Sinopec Shanghai Petrochemical'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, Sinopec Shanghai Petrochemical 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, Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical 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. Determination of Dividend: Sinopec Shanghai Petrochemical'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, Sinopec Shanghai Petrochemical 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, Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical dividends paid?
Sinopec Shanghai Petrochemical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Sinopec Shanghai Petrochemical 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, Sinopec Shanghai Petrochemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sinopec Shanghai Petrochemical 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.
1. Record Date: Sinopec Shanghai Petrochemical 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, Sinopec Shanghai Petrochemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical pay dividends?
Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical pay dividends?
The general pattern is that Sinopec Shanghai Petrochemical pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sinopec Shanghai Petrochemical dividend safe?
The safety of Sinopec Shanghai Petrochemical'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 Sinopec Shanghai Petrochemical'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 Sinopec Shanghai Petrochemical'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.
To assess the safety of Sinopec Shanghai Petrochemical'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 Sinopec Shanghai Petrochemical'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.