Yip's Chemical Holdings Limited, an investment holding company, produces and sells petrochemical products in the People's Republic of China, Hong Kong, and internationally. It operates through Solvents, Coatings, Inks, Lubricants, and Properties segments. The Solvents segment produces industrial organic solvents, such as ethyl acetate, normal butyl acetate, mixed butyl acetate, ethanol, and butyl acrylate used in coatings, tannery, medicine, and adhesives industries. The Coatings segment provides architectural coatings, including inner and outer wall paints, and water-based emulsion and wood paints for the household paints market; industrial coatings comprising coatings for furniture, and plastic and mechanical products; and alkyd, acrylic, UV, amino, and water-based resins, as well as PU hardeners. This segment offers its products under the Camel, Aquapro, and VIVA brands. The Inks segment provides plastic and paper printing inks for use in food, drinks and gift packaging, and paper printing applications. The Lubricants segment offers automotive and industrial lubricants, including engine oils, antifreezes, system coolants, brake fluids, greases, gear oils, automatic transmission fluids, hydraulic oils, turbine oils, heat conducting oils, slideway oils, compressor oils, and circulating oils under the Hercules brand. It also provides specialty lubricants under the Pacoil brand to the metal processing, automobiles, home appliances, electronics, steel, toys, power generation, cement, textiles, foundry, plastics, chemicals, paper making, glass, wires, and cables industries. The Properties segment invests in properties. The company also trades in coatings, solvents, resins, inks, lubricants, and sanitizing products; offers treasury and car maintenance services; and generates and sells electricity. The company was formerly known as Hang Cheung Hong. Yip's Chemical Holdings Limited was founded in 1971 and is headquartered in Wanchai, Hong Kong.
Yip's Chemical Dividend Announcement
• Yip's Chemical announced a semi annually dividend of HK$0.03 per ordinary share which will be made payable on 2024-10-09. Ex dividend date: 2024-09-04
• Yip's Chemical annual dividend for 2024 was HK$0.13
• Yip's Chemical annual dividend for 2023 was HK$0.07
• Yip's Chemical's trailing twelve-month (TTM) dividend yield is 8.78%
• Yip's Chemical's payout ratio for the trailing twelve months (TTM) is 500.88%
• Yip's Chemical's dividend growth over the last five years (2018-2023) was -15.24% year
• Yip's Chemical's dividend growth over the last ten years (2013-2023) was -11.95% year
Yip's Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-04 | HK$0.03 | semi annually | 2024-10-09 |
2024-06-11 | HK$0.10 | semi annually | 2024-07-15 |
2023-08-30 | HK$0.02 | semi annually | 2023-10-06 |
2023-06-13 | HK$0.05 | semi annually | 2023-07-21 |
2022-08-31 | HK$0.10 | semi annually | 2022-10-07 |
2022-06-14 | HK$0.18 | semi annually | 2022-07-22 |
2021-09-01 | HK$0.10 | semi annually | 2021-10-12 |
2021-06-08 | HK$0.16 | semi annually | 2021-07-16 |
2020-09-14 | HK$0.06 | semi annually | 2020-10-08 |
2020-06-09 | HK$0.13 | semi annually | 2020-07-17 |
2019-09-06 | HK$0.07 | semi annually | 2019-10-10 |
2019-06-11 | HK$0.10 | semi annually | 2019-07-19 |
2018-09-03 | HK$0.06 | semi annually | 2018-10-10 |
2018-06-12 | HK$0.10 | semi annually | 2018-07-20 |
2017-09-04 | HK$0.05 | semi annually | 2017-10-11 |
2017-06-13 | HK$0.10 | semi annually | 2017-07-21 |
2016-09-05 | HK$0.05 | semi annually | |
2016-06-14 | HK$0.04 | semi annually | |
2015-08-31 | HK$0.10 | semi annually | |
2015-06-09 | HK$0.15 | semi annually | |
2014-09-01 | HK$0.10 | semi annually | |
2014-06-30 | HK$0.15 | semi annually | |
2013-09-02 | HK$0.10 | semi annually | |
2013-06-10 | HK$0.15 | semi annually |
Yip's Chemical Dividend per year
Yip's Chemical Dividend growth
Yip's Chemical Dividend Yield
Yip's Chemical current trailing twelve-month (TTM) dividend yield is 8.78%. Interested in purchasing Yip's Chemical stock? Use our calculator to estimate your expected dividend yield:
Yip's Chemical Financial Ratios
Yip's Chemical Dividend FAQ
Other factors to consider when evaluating Yip's 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: Yip's 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, Yip's 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, Yip's 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 Yip's 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: Yip's 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, Yip's 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: Yip's 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 Yip's 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 Yip's 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.