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Zhejiang Satellite Petrochemical Co Ltd Stock Dividends Overview

002648.SZ pays dividends yearly. Last paid amount was ¥0.400 at May 14, 2024. As of today, dividend yield (TTM) is 2.07%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 2.07%
Frequency Yearly
1Y Growth 0%
Payout Ratio 0
Amount Per Share ¥0.400
Zhejiang Satellite Petrochemical Co Ltd has not yet announced its next dividend date. Last payment date was: May 14, 2024.

002648 Dividend Payout History

To ensure a understanding of 002648's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 14, 2024 May 14, 2024 May 14, 2024 ¥0.400 2.07%
2 Oct 13, 2022 Oct 13, 2022 Oct 13, 2022 ¥0.286 2.14%
3 Jun 06, 2022 Jun 06, 2022 Jun 06, 2022 ¥0.178 0.90%
4 Jun 03, 2021 Jun 03, 2021 Jun 03, 2021 ¥0.0620 0.361%
5 May 18, 2020 May 18, 2020 May 18, 2020 ¥0.0656 1.34%
6 Apr 26, 2019 Apr 26, 2019 Apr 26, 2019 ¥0.0328 0.507%
7 Apr 18, 2018 Apr 18, 2018 Apr 18, 2018 ¥0.0321 0.630%
8 Apr 14, 2017 Apr 14, 2017 Apr 14, 2017 ¥0.0423 0.91%
9 May 07, 2014 May 07, 2014 May 07, 2014 ¥0.0638 1.43%
10 May 03, 2013 May 03, 2013 May 03, 2013 ¥0.0547 1.71%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (45.75%)

Growth potential

Decrease likely (33.20%)

002648 Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from 002648 dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in 002648 stock here.

Comparing 002648 to Sector and Country

002648.SZ pays a solid dividend yield of 2.07%, which is higher than the average of the bottom 25% of dividend payers in the CN market (0.439%). 002648.SZ’s dividend yield is lower than the average of the top 25% of dividend payers in the Basic Materials sector in the CN market (4.29%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of 002648.SZ's dividend payments?
The amount of 002648.SZ's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in 002648.SZ sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from 002648.SZ stock be automatically reinvested?
If 002648.SZ offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy 002648.SZ stock.

How often does 002648.SZ pay dividend?
Zhejiang Satellite Petrochemical Co Ltd (002648.SZ) pays dividends yearly. The most recent payout was on May 14, 2024.

How much does 002648.SZ pays per share?
The last recorder (May 14, 2024) dividend per share was ¥0.400.

What is 002648.SZ dividend growth rate?
Over the last year, Zhejiang Satellite Petrochemical Co Ltd has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 86.17%. Furthermore, examining the past 5 years, Zhejiang Satellite Petrochemical Co Ltd has maintained an average Dividends Per Share Growth Rate of 43.54%.
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About Zhejiang Satellite Petrochemical Co Ltd

Satellite Chemical Co.,Ltd. produces and sells acrylic acid and ester, polymer emulsions, and functional polymer materials in China. The company also provides ethylene oxide and glycol, high-density polyethylene, and polycarboxylic monomer. In addition, it offers methyl acrylate, ethyl acrylate, n-butyl acrylate, and isooctyl acrylate; polymer emulsion and resin; super absorbent resin; hydrogen peroxide and pigment intermediaries. The company was... 002648.SZ Profile

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