Strong Petrochemical Holdings Limited, an investment holding company, trades in commodities. Its commodities include crude oil, petroleum products, petrochemicals, and coal and iron ore. The company is also involved in the provision of storage and other ancillary services for petroleum products and petrochemicals; and property investment activities. It offers its products in the People's Republic of China, Hong Kong, Singapore, and Macao. The company was incorporated in 1999 and is headquartered in Admiralty, Hong Kong.
Strong Petrochemical Dividend Announcement
• Strong Petrochemical announced a semi annually dividend of HK$0.08 per ordinary share which will be made payable on 2024-12-31. Ex dividend date: 2024-10-21 • Strong Petrochemical annual dividend for 2024 was HK$0.08 • Strong Petrochemical's trailing twelve-month (TTM) dividend yield is 44.94%
Strong Petrochemical current trailing twelve-month (TTM) dividend yield is 44.94%. Interested in purchasing Strong Petrochemical stock? Use our calculator to estimate your expected dividend yield:
Strong Petrochemical Financial Ratios
P/E ratio-2.77
PEG ratio0.36
P/B ratio0.29
ROE-10.56%
Payout ratio0.00%
Current ratio2.94
Quick ratio2.83
Cash Ratio1.59
Strong Petrochemical Dividend FAQ
How much is the next Strong Petrochemical dividend?
Strong 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 Strong Petrochemical dividend. The next Strong Petrochemical dividend will be released in .
When is Strong Petrochemical dividend paid?
Strong Petrochemical pays dividends on a semi 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 Strong Petrochemical pay?
The specific amount of Strong 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 Strong Petrochemical's dividend history.
Does Strong Petrochemical stock pay dividends?
Yes, Strong 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 Strong Petrochemical's dividend history.
How much dividend does Strong Petrochemical pay?
Strong Petrochemical paid HK$0.08 in 2024, HK$0.0 in 2023, HK$0.0 in 2022, HK$0.0 in 2021, and HK$0.0 in 2020.
How often does Strong Petrochemical pay dividends?
Strong Petrochemical typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around .
What is Strong Petrochemical's dividend yield?
The current dividend yield for Strong Petrochemical is 44.94%. 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 Strong Petrochemical's exact dividend yield.
When does Strong Petrochemical go ex dividend?
Strong Petrochemical's ex-dividend date for the latest dividend was on 2024-10-21. Strong 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 Strong Petrochemical dividend paid?
Strong Petrochemical pays dividends on a semi annually basis, typically around , but the exact dates can vary each year.
Will Strong 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 Strong 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 Strong Petrochemical dividend per share?
Strong Petrochemical paid HK$0.08 per share in 2024 and HK$0.0 per share in 2023. The amount of dividend per share that Strong 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 Strong 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 Strong 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 Strong Petrochemical a dividend stock?
Yes, Strong Petrochemical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Strong Petrochemical a good dividend stock?
Whether Strong 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. Strong Petrochemical has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Strong 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 Strong Petrochemical pay dividends monthly?
Strong Petrochemical typically pays dividends on a semi annually basis.
Does Strong Petrochemical pay dividends quarterly?
Strong Petrochemical currently pays dividends on a semi annually basis.
Has Strong Petrochemical ever paid a dividend?
Yes, Strong Petrochemical has a history of paying dividends to its shareholders. Strong Petrochemical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Strong Petrochemical dividend stocks?
To buy Strong 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 Strong 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 Strong Petrochemical pay dividends 2024?
Strong Petrochemical pays dividends on a semi annually basis. 2024 dividend payments are in 2024-12-31. 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 Strong Petrochemical increase its dividend in 2024?
Decisions regarding Strong 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 Strong Petrochemical dividend overview you can look into the above table of dividend history.
How Strong Petrochemical dividend works?
The Strong 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 Strong Petrochemical's dividend process works:
1. Determination of Dividend: Strong 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, Strong 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, Strong 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 Strong 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 Strong Petrochemical dividends paid?
Strong Petrochemical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Strong 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, Strong 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: Strong 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 Strong Petrochemical pay dividends?
Strong Petrochemical typically pays dividends on a semi 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 Strong Petrochemical pay dividends?
The general pattern is that Strong Petrochemical 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 Strong Petrochemical dividend safe?
The safety of Strong 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 Strong 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 Strong 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.