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Sinopec Shanghai Petrochemical Declares Final Dividend for 2024

Story Highlights
  • Sinopec Shanghai Petrochemical announced a final dividend of RMB 0.02 per share.
  • The dividend is subject to withholding tax, with specific rates for non-resident shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sinopec Shanghai Petrochemical Declares Final Dividend for 2024

An update from Sinopec Shanghai Petrochemical Co ( (HK:0338) ) is now available.

Sinopec Shanghai Petrochemical Company Limited announced a final cash dividend of RMB 0.02 per share for the financial year ending December 31, 2024. The dividend will be subject to withholding tax, with specific rates applicable to non-resident enterprise and individual shareholders. This announcement reflects the company’s commitment to returning value to its shareholders while navigating the complexities of international tax treaties.

More about Sinopec Shanghai Petrochemical Co

Sinopec Shanghai Petrochemical Company Limited operates in the petrochemical industry, focusing on the production and sale of petroleum products, intermediate petrochemicals, synthetic resins, and synthetic fibers. The company serves both domestic and international markets, leveraging its strategic location in China to enhance its market presence.

YTD Price Performance: 14.29%

Average Trading Volume: 41,910

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $4.04B

See more data about 0338 stock on TipRanks’ Stock Analysis page.

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