Sinopec Shanghai Petrochemical Co Stock

Sinopec Shanghai Petrochemical Co Dividend 2024

Sinopec Shanghai Petrochemical Co Dividend

0 CNY

Sinopec Shanghai Petrochemical Co Dividend yield

4.03 %

Ticker

600688.SS

ISIN

CNE000000BB2

WKN

A0M4XN

How much dividend does Sinopec Shanghai Petrochemical Co 2024 pay?

According to the latest status from September 2024, Sinopec Shanghai Petrochemical Co paid a total of 0 CNY per share in dividends within the last 12 months. With the current Sinopec Shanghai Petrochemical Co price of 2.48 CNY, this corresponds to a dividend yield of 0 %. A dividend is paid times per year.

4.03 % Dividend Yield=
0.1 CNY Dividend
2.48 CNY Stock Price

Historical Sinopec Shanghai Petrochemical Co Dividends

A dividend is paid times per year. Last year, the payout months were and .

PaydateDividend
8/28/20220.1
8/20/20210.1
8/21/20200.12
8/18/20190.25
8/17/20180.3
8/13/20170.25
8/15/20160.1
8/18/20140.05
1/4/20140.03
8/23/20120.05
8/21/20110.1
8/14/20100.03
7/23/20080.09
8/9/20070.04
8/14/20060.1
8/15/20050.2
8/6/20040.08
8/4/20030.05
7/27/20010.06
7/27/20000.05
1
2

Sinopec Shanghai Petrochemical Co dividend history and estimates

In 2023, Sinopec Shanghai Petrochemical Co paid a dividend amounting to 0 CNY. Dividend means that Sinopec Shanghai Petrochemical Co distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Sinopec Shanghai Petrochemical Co provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Sinopec Shanghai Petrochemical Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Sinopec Shanghai Petrochemical Co's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Sinopec Shanghai Petrochemical Co Dividend History

DateSinopec Shanghai Petrochemical Co Dividend
20220.1 undefined
20210.1 undefined
20200.12 undefined
20190.25 undefined
20180.3 undefined
20170.25 undefined
20160.1 undefined
20140.05 undefined
20130.03 undefined
20120.03 undefined
20110.07 undefined
20100.02 undefined
20080.06 undefined
20070.03 undefined
20060.07 undefined
20050.13 undefined
20040.05 undefined

Is the Sinopec Shanghai Petrochemical Co Dividend Safe?

Sinopec Shanghai Petrochemical Co has been increasing the dividend for 1 years.

Over the past 10 years, Sinopec Shanghai Petrochemical Co has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Sinopec Shanghai Petrochemical Co dividend payout ratio

In 2023, Sinopec Shanghai Petrochemical Co had a payout ratio of 126.37%. The payout ratio indicates the percentage of the company's profits that Sinopec Shanghai Petrochemical Co distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Sinopec Shanghai Petrochemical Co represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Sinopec Shanghai Petrochemical Co could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Sinopec Shanghai Petrochemical Co's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Sinopec Shanghai Petrochemical Co Payout Ratio History

DateSinopec Shanghai Petrochemical Co Payout ratio
2026e118.54 %
2025e102.43 %
2024e126.83 %
2023126.37 %
2022-37.67 %
202154.11 %
2020200 %
2019125 %
201861.22 %
201743.86 %
201618.18 %
2015126.37 %
2014-71.43 %
201317.54 %
2012-23.81 %
201174.07 %
20108 %
2009126.37 %
2008-10.34 %
200717.78 %
200695.24 %
200583.33 %
200414.41 %

Dividend Details

Understanding Sinopec Shanghai Petrochemical Co's Dividend Distributions

Sinopec Shanghai Petrochemical Co’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Sinopec Shanghai Petrochemical Co's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Sinopec Shanghai Petrochemical Co's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Sinopec Shanghai Petrochemical Co’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Sinopec Shanghai Petrochemical Co Aktienanalyse

What does Sinopec Shanghai Petrochemical Co do?

Sinopec Shanghai Petrochemical Co Ltd is a leading Chinese company in the petrochemical industry. The company is headquartered in Shanghai, China and was founded in 1972 as a joint venture between Shanghai Petrochemical Company and China Petrochemical Corporation. The history of Sinopec Shanghai Petrochemical Co Ltd dates back to the 1970s when the company started as the first cooperative project between the People's Republic of China and Japan. The company was established to provide China access to advanced Japanese technology and know-how in the petrochemical industry. Over the years, the company has continuously expanded its production and has become one of the largest petrochemical companies in China. Sinopec Shanghai Petrochemical Co Ltd has a diversified business model with multiple business segments including refinery, petrochemicals, synthetic fibers, plastics, and chemicals. The product range includes a variety of products such as ethylene, propylene, butadiene, methyltetrahydrofuran, p-xylylenediamine, phenol, acetic acid, ethylene oxide, textile fibers, and synthetic resins. The company's refinery unit processes crude oil to produce a wide range of products such as gasoline, diesel, and kerosene. The petrochemical unit produces chemical raw materials such as ethylene and propylene, which are used in the manufacturing of plastics, rubber, and other chemical products. Sinopec Shanghai Petrochemical Co Ltd's synthetic fiber unit produces various types of synthetic fibers used in a variety of applications, from clothing to technical textiles. The company's plastic unit produces a variety of plastics, including polystyrene, polyethylene terephthalate, and polypropylene. In recent years, Sinopec Shanghai Petrochemical Co Ltd has focused on the development of environmentally friendly products and processes and is working towards achieving the goals of sustainable development. Among other initiatives, the company has launched a project to reduce energy consumption and CO2 emissions in production. Sinopec Shanghai Petrochemical Co Ltd has also developed an environmental management strategy aimed at reducing the environmental impact of production and improving environmental protection. Overall, Sinopec Shanghai Petrochemical Co Ltd is a key player in the petrochemical industry in China and globally. The company has made significant progress in recent years in producing high-quality and environmentally friendly products and is on track to fulfill its mission of becoming a leading global petrochemical brand. Sinopec Shanghai Petrochemical Co is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Sinopec Shanghai Petrochemical Co stock

How much dividend does Sinopec Shanghai Petrochemical Co pay?

Over the past 12 months, Sinopec Shanghai Petrochemical Co paid a dividend of 0.1 CNY . This corresponds to a dividend yield of about 4.03 %. For the coming 12 months, Sinopec Shanghai Petrochemical Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Sinopec Shanghai Petrochemical Co?

The current dividend yield of Sinopec Shanghai Petrochemical Co is 4.03 %.

When does Sinopec Shanghai Petrochemical Co pay dividends?

Sinopec Shanghai Petrochemical Co pays a quarterly dividend. This is distributed in the months of August, August, August, August.

How secure is the dividend of Sinopec Shanghai Petrochemical Co?

Sinopec Shanghai Petrochemical Co paid dividends every year for the past 3 years.

What is the dividend of Sinopec Shanghai Petrochemical Co?

For the upcoming 12 months, dividends amounting to 0 CNY are expected. This corresponds to a dividend yield of 0 %.

In which sector is Sinopec Shanghai Petrochemical Co located?

Sinopec Shanghai Petrochemical Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Sinopec Shanghai Petrochemical Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sinopec Shanghai Petrochemical Co from 7/28/2022 amounting to 0.1 CNY, you needed to have the stock in your portfolio before the ex-date on 7/28/2022.

When did Sinopec Shanghai Petrochemical Co pay the last dividend?

The last dividend was paid out on 7/28/2022.

What was the dividend of Sinopec Shanghai Petrochemical Co in the year 2023?

In the year 2023, Sinopec Shanghai Petrochemical Co distributed 0.1 CNY as dividends.

In which currency does Sinopec Shanghai Petrochemical Co pay out the dividend?

The dividends of Sinopec Shanghai Petrochemical Co are distributed in CNY.

Andere Kennzahlen von Sinopec Shanghai Petrochemical Co

Our stock analysis for Sinopec Shanghai Petrochemical Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Sinopec Shanghai Petrochemical Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.