Tangshan Sanyou Chemical Industries Co.,Ltd produces and sells chemical products. The company offers soda ash, viscose staple fiber, polyvinyl chloride resins, caustic soda, silicones, and salt products used in textile, glass, non-ferrous metal smelting, synthetic detergent, chemical building materials and other industries. It also exports its products to approximately 100 countries and regions in Asia, Africa, Europe, the United States, and Australia. The company was founded in 1999 and is headquartered in Tangshan, the People's Republic of China.
Tangshannyou Chemical Industries Dividend Announcement
• Tangshannyou Chemical Industries announced a annually dividend of ¥0.08 per ordinary share which will be made payable on 2024-06-24. Ex dividend date: 2024-06-24 • Tangshannyou Chemical Industries annual dividend for 2024 was ¥0.08 • Tangshannyou Chemical Industries annual dividend for 2023 was ¥0.15 • Tangshannyou Chemical Industries's trailing twelve-month (TTM) dividend yield is 1.42% • Tangshannyou Chemical Industries's payout ratio for the trailing twelve months (TTM) is 87.44% • Tangshannyou Chemical Industries's dividend growth over the last five years (2018-2023) was -11.89% year • Tangshannyou Chemical Industries's dividend growth over the last ten years (2013-2023) was 21.99% year
Tangshannyou Chemical Industries Dividend per year
Tangshannyou Chemical Industries Dividend growth
Tangshannyou Chemical Industries Dividend Yield
Tangshannyou Chemical Industries current trailing twelve-month (TTM) dividend yield is 1.42%. Interested in purchasing Tangshannyou Chemical Industries stock? Use our calculator to estimate your expected dividend yield:
Tangshannyou Chemical Industries Financial Ratios
P/E ratio20.22
PEG ratio-1.41
P/B ratio0.90
ROE4.48%
Payout ratio87.44%
Current ratio1.35
Quick ratio1.07
Cash Ratio0.57
Tangshannyou Chemical Industries Dividend FAQ
How much is the next Tangshannyou Chemical Industries dividend?
Tangshannyou Chemical Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tangshannyou Chemical Industries dividend. The next Tangshannyou Chemical Industries dividend will be released in June.
When is Tangshannyou Chemical Industries dividend paid?
Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries pay?
The specific amount of Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries's dividend history.
Does Tangshannyou Chemical Industries stock pay dividends?
Yes, Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries's dividend history.
How much dividend does Tangshannyou Chemical Industries pay?
Tangshannyou Chemical Industries paid ¥0.083 in 2024, ¥0.146 in 2023, ¥0.245 in 2022, ¥0.245 in 2021, and ¥0.166 in 2020.
How often does Tangshannyou Chemical Industries pay dividends?
Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries's dividend yield?
The current dividend yield for Tangshannyou Chemical Industries is 1.42%. 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 Tangshannyou Chemical Industries's exact dividend yield.
When does Tangshannyou Chemical Industries go ex dividend?
Tangshannyou Chemical Industries's ex-dividend date for the latest dividend was on 2024-06-24. Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries dividend paid?
Tangshannyou Chemical Industries pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries dividend per share?
Tangshannyou Chemical Industries paid ¥0.083 per share in 2024 and ¥0.146 per share in 2023. The amount of dividend per share that Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries a dividend stock?
Yes, Tangshannyou Chemical Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tangshannyou Chemical Industries a good dividend stock?
Whether Tangshannyou Chemical Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tangshannyou Chemical Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries pay dividends monthly?
Tangshannyou Chemical Industries typically pays dividends on a annually basis.
Does Tangshannyou Chemical Industries pay dividends quarterly?
Tangshannyou Chemical Industries currently pays dividends on a annually basis.
Has Tangshannyou Chemical Industries ever paid a dividend?
Yes, Tangshannyou Chemical Industries has a history of paying dividends to its shareholders. Tangshannyou Chemical Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tangshannyou Chemical Industries dividend stocks?
To buy Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries pay dividends 2024?
Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries increase its dividend in 2024?
Decisions regarding Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries dividend overview you can look into the above table of dividend history.
How Tangshannyou Chemical Industries dividend works?
The Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries's dividend process works:
1. Determination of Dividend: Tangshannyou Chemical Industries'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, Tangshannyou Chemical Industries 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, Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries dividends paid?
Tangshannyou Chemical Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Tangshannyou Chemical Industries 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, Tangshannyou Chemical Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries pay dividends?
Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries pay dividends?
The general pattern is that Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries dividend safe?
The safety of Tangshannyou Chemical Industries'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 Tangshannyou Chemical Industries'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 Tangshannyou Chemical Industries'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.