Zhenhai Petrochemical Engineering CO., LTD engages in general contracting, engineering design, project management, supervision, engineering consulting, project price review, and project bidding agency businesses. The company offers petrochemical engineering construction, engineering project application report, feasibility study, designs large and complex projects, engineering consulting, design, procurement, construction management, engineering general contracting, project management contracting, and training and driving services for the petrochemical industry. It also engages in wholesale, retail, and self-agency business of petrochemical products, machinery and equipment, electronic products, and metal materials, as well as the import and export of various types of goods and technology. The company was founded in 1974 and is headquartered in Ningbo, China.
Zhenhai Petrochemical Engineering Dividend Announcement
• Zhenhai Petrochemical Engineering announced a annually dividend of ¥0.13 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-07
• Zhenhai Petrochemical Engineering annual dividend for 2024 was ¥0.13
• Zhenhai Petrochemical Engineering annual dividend for 2023 was ¥0.13
• Zhenhai Petrochemical Engineering 's trailing twelve-month (TTM) dividend yield is 1.81%
• Zhenhai Petrochemical Engineering 's payout ratio for the trailing twelve months (TTM) is 30.92%
• Zhenhai Petrochemical Engineering 's dividend growth over the last five years (2018-2023) was -7.79% year
Zhenhai Petrochemical Engineering Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | ¥0.13 | annually | 2024-06-07 |
2023-06-15 | ¥0.13 | annually | 2023-06-15 |
2022-06-16 | ¥0.12 | annually | 2022-06-16 |
2021-06-02 | ¥0.15 | annually | 2021-06-02 |
2020-07-02 | ¥0.28 | annually | 2020-07-02 |
2019-06-20 | ¥0.25 | annually | 2019-06-20 |
2018-05-18 | ¥0.20 | annually | 2018-05-18 |
2017-05-25 | ¥0.20 | annually | 2017-05-25 |
Zhenhai Petrochemical Engineering Dividend per year
Zhenhai Petrochemical Engineering Dividend growth
Zhenhai Petrochemical Engineering Dividend Yield
Zhenhai Petrochemical Engineering current trailing twelve-month (TTM) dividend yield is 1.81%. Interested in purchasing Zhenhai Petrochemical Engineering stock? Use our calculator to estimate your expected dividend yield:
Zhenhai Petrochemical Engineering Financial Ratios
Zhenhai Petrochemical Engineering Dividend FAQ
Other factors to consider when evaluating Zhenhai Petrochemical Engineering 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: Zhenhai Petrochemical Engineering '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, Zhenhai Petrochemical Engineering 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, Zhenhai Petrochemical Engineering 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 Zhenhai Petrochemical Engineering 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: Zhenhai Petrochemical Engineering 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, Zhenhai Petrochemical Engineering distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Zhenhai Petrochemical Engineering 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 Zhenhai Petrochemical Engineering '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 Zhenhai Petrochemical Engineering '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.