Zibo Qixiang Tengda Chemical Co., Ltd. engages in the manufacture and sale of chemicals products in China and internationally. The company's products include methyl ethyl ketone, maleic anhydride, propylene, methyl methacrylate, nitrile latex, tert-butanol, and isooctane. It is also involved in supply chain management of benzene, MTBE, and various catalysts of petroleum and chemical industries; and trade of energy and chemical products. The company was founded in 2002 and is based in Zibo, China. Zibo Qixiang Tengda Chemical Co., Ltd. is a subsidiary of Zibo Qixiang Petrochemical Industry Group Co., Ltd.
Zibo Qixiang Tengda Chemical Dividend Announcement
• Zibo Qixiang Tengda Chemical announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06 • Zibo Qixiang Tengda Chemical annual dividend for 2024 was ¥0.07 • Zibo Qixiang Tengda Chemical annual dividend for 2023 was ¥0.16 • Zibo Qixiang Tengda Chemical 's trailing twelve-month (TTM) dividend yield is 1.34% • Zibo Qixiang Tengda Chemical 's payout ratio for the trailing twelve months (TTM) is -214.07%
Zibo Qixiang Tengda Chemical current trailing twelve-month (TTM) dividend yield is 1.34%. Interested in purchasing Zibo Qixiang Tengda Chemical stock? Use our calculator to estimate your expected dividend yield:
Zibo Qixiang Tengda Chemical Financial Ratios
P/E ratio-42.36
PEG ratio-0.42
P/B ratio1.27
ROE-2.99%
Payout ratio-214.07%
Current ratio0.65
Quick ratio0.51
Cash Ratio0.29
Zibo Qixiang Tengda Chemical Dividend FAQ
How much is the next Zibo Qixiang Tengda Chemical dividend?
Zibo Qixiang Tengda Chemical 's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Zibo Qixiang Tengda Chemical dividend. The next Zibo Qixiang Tengda Chemical dividend will be released in July.
When is Zibo Qixiang Tengda Chemical dividend paid?
Zibo Qixiang Tengda Chemical pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Zibo Qixiang Tengda Chemical pay?
The specific amount of Zibo Qixiang Tengda Chemical 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 Zibo Qixiang Tengda Chemical 's dividend history.
Does Zibo Qixiang Tengda Chemical stock pay dividends?
Yes, Zibo Qixiang Tengda Chemical 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 Zibo Qixiang Tengda Chemical 's dividend history.
How much dividend does Zibo Qixiang Tengda Chemical pay?
Zibo Qixiang Tengda Chemical paid ¥0.071 in 2024, ¥0.16 in 2023, ¥0.0 in 2022, ¥0.251 in 2021, and ¥0.08 in 2020.
How often does Zibo Qixiang Tengda Chemical pay dividends?
Zibo Qixiang Tengda Chemical 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 July.
What is Zibo Qixiang Tengda Chemical 's dividend yield?
The current dividend yield for Zibo Qixiang Tengda Chemical is 1.34%. 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 Zibo Qixiang Tengda Chemical 's exact dividend yield.
When does Zibo Qixiang Tengda Chemical go ex dividend?
Zibo Qixiang Tengda Chemical 's ex-dividend date for the latest dividend was on 2024-06-06. Zibo Qixiang Tengda Chemical 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 Zibo Qixiang Tengda Chemical dividend paid?
Zibo Qixiang Tengda Chemical pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Zibo Qixiang Tengda Chemical 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 Zibo Qixiang Tengda Chemical 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 Zibo Qixiang Tengda Chemical dividend per share?
Zibo Qixiang Tengda Chemical paid ¥0.071 per share in 2024 and ¥0.16 per share in 2023. The amount of dividend per share that Zibo Qixiang Tengda Chemical 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 Zibo Qixiang Tengda Chemical 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 Zibo Qixiang Tengda Chemical 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 Zibo Qixiang Tengda Chemical a dividend stock?
Yes, Zibo Qixiang Tengda Chemical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zibo Qixiang Tengda Chemical a good dividend stock?
Whether Zibo Qixiang Tengda Chemical is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Zibo Qixiang Tengda Chemical has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zibo Qixiang Tengda 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.
Does Zibo Qixiang Tengda Chemical pay dividends monthly?
Zibo Qixiang Tengda Chemical typically pays dividends on a annually basis.
Does Zibo Qixiang Tengda Chemical pay dividends quarterly?
Zibo Qixiang Tengda Chemical currently pays dividends on a annually basis.
Has Zibo Qixiang Tengda Chemical ever paid a dividend?
Yes, Zibo Qixiang Tengda Chemical has a history of paying dividends to its shareholders. Zibo Qixiang Tengda Chemical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zibo Qixiang Tengda Chemical dividend stocks?
To buy Zibo Qixiang Tengda Chemical 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 Zibo Qixiang Tengda Chemical 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 Zibo Qixiang Tengda Chemical pay dividends 2024?
Zibo Qixiang Tengda Chemical pays dividends on a annually basis. 2024 dividend payments are in 2024-06-06. 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 Zibo Qixiang Tengda Chemical increase its dividend in 2024?
Decisions regarding Zibo Qixiang Tengda Chemical 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 Zibo Qixiang Tengda Chemical dividend overview you can look into the above table of dividend history.
How Zibo Qixiang Tengda Chemical dividend works?
The Zibo Qixiang Tengda Chemical 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 Zibo Qixiang Tengda Chemical 's dividend process works:
1. Determination of Dividend: Zibo Qixiang Tengda 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, Zibo Qixiang Tengda 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, Zibo Qixiang Tengda 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 Zibo Qixiang Tengda 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.
How are Zibo Qixiang Tengda Chemical dividends paid?
Zibo Qixiang Tengda Chemical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zibo Qixiang Tengda 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, Zibo Qixiang Tengda 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: Zibo Qixiang Tengda 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.
How many times does Zibo Qixiang Tengda Chemical pay dividends?
Zibo Qixiang Tengda Chemical 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 Zibo Qixiang Tengda Chemical pay dividends?
The general pattern is that Zibo Qixiang Tengda Chemical pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Zibo Qixiang Tengda Chemical dividend safe?
The safety of Zibo Qixiang Tengda Chemical '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 Zibo Qixiang Tengda 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 Zibo Qixiang Tengda 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.