Wanhua Chemical Group Co., Ltd. engages in the research and development, production, and sale of polyurethane series products, petrochemical products, and fine chemicals and new materials worldwide. The company offers polyols, thermoplastic elastomers, petrochemicals, aliphatic isocyanate products, specialty amine products; aroma, nutrition, and performance chemicals; and diisocyantes and its derivatives, polyether polyols for flexible and rigid foam, and PU systems, as well as ethylene oxide derivatives. Further, it offers surface materials and new energy materials, thermoplastic polyurethane elastomers, polymethyl methacrylate(PMMA), mebrane material, PMMA resin and compounds, modified polypropylene, polycarbonates, silicone polycarbonates, long chain polyamide, and bio-degradable materials. Its products are used in various applications, including appliances/cold chain, elastomers, electronics, clothing/footwear, industrial mechanical, furniture/bedding, building/construction, sealants, automotive and transportation, coatings, sports/leisure, adhesives, home and personal care, and others. The company was formerly known as Yantai Wanhua Polyurethanes Co., Ltd. and changed its name to Wanhua Chemical Group Co., Ltd. in June 2013. Wanhua Chemical Group Co., Ltd. was founded in 1978 and is headquartered in Yantai, China.
Wanhua Chemical Dividend Announcement
• Wanhua Chemical announced a semi annually dividend of ¥0.52 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-09-05
• Wanhua Chemical annual dividend for 2024 was ¥2.15
• Wanhua Chemical annual dividend for 2023 was ¥1.60
• Wanhua Chemical's trailing twelve-month (TTM) dividend yield is 2.77%
• Wanhua Chemical's payout ratio for the trailing twelve months (TTM) is 79.31%
• Wanhua Chemical's dividend growth over the last five years (2018-2023) was 1.30% year
• Wanhua Chemical's dividend growth over the last ten years (2013-2023) was 10.62% year
Wanhua Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-05 | ¥0.52 | semi annually | 2024-09-05 |
2024-04-22 | ¥1.62 | semi annually | 2024-04-22 |
2023-05-26 | ¥1.60 | semi annually | 2023-05-26 |
2022-04-29 | ¥2.50 | semi annually | 2022-04-29 |
2021-04-26 | ¥1.30 | semi annually | 2021-04-26 |
2020-05-15 | ¥1.30 | semi annually | 2020-05-15 |
2019-05-27 | ¥2.00 | semi annually | 2019-05-27 |
2018-01-26 | ¥1.50 | semi annually | 2018-01-26 |
2017-05-18 | ¥0.42 | semi annually | 2017-05-18 |
2016-04-22 | ¥0.17 | semi annually | |
2015-05-28 | ¥0.25 | semi annually | |
2014-06-16 | ¥0.58 | semi annually | |
2013-05-03 | ¥0.58 | semi annually |
Wanhua Chemical Dividend per year
Wanhua Chemical Dividend growth
Wanhua Chemical Dividend Yield
Wanhua Chemical current trailing twelve-month (TTM) dividend yield is 2.77%. Interested in purchasing Wanhua Chemical stock? Use our calculator to estimate your expected dividend yield:
Wanhua Chemical Financial Ratios
Wanhua Chemical Dividend FAQ
Other factors to consider when evaluating Wanhua Chemical 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.
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1. Determination of Dividend: Wanhua Chemical'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, Wanhua Chemical 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, Wanhua Chemical 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 Wanhua Chemical 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. Record Date: Wanhua Chemical 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, Wanhua Chemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wanhua Chemical 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.
To assess the safety of Wanhua Chemical'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 Wanhua Chemical'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.