Sinopec Shanghai Petrochemical Dividends and Buybacks
Dividend criteria checks 1/6
Sinopec Shanghai Petrochemical is a dividend paying company with a current yield of 1.79%. Next payment date is on 24th July, 2025 with an ex-dividend date of 24th June, 2025.
Key information
1.8%
Dividend yield
50.6%
Buyback Yield
| Total Shareholder Yield | 52.3% |
| Future Dividend Yield | 7.1% |
| Dividend Growth | -7.0% |
| Next dividend pay date | 24 Jul 25 |
| Ex dividend date | 24 Jun 25 |
| Dividend per share | n/a |
| Payout ratio | 152% |
Recent dividend and buyback updates
Recent updates
Capital Allocation Trends At Sinopec Shanghai Petrochemical (HKG:338) Aren't Ideal
Aug 03
We Think Sinopec Shanghai Petrochemical (HKG:338) Can Stay On Top Of Its Debt
May 22Investors Could Be Concerned With Sinopec Shanghai Petrochemical's (HKG:338) Returns On Capital
Apr 11Does Sinopec Shanghai Petrochemical (HKG:338) Have A Healthy Balance Sheet?
Jan 31Sinopec Shanghai Petrochemical (HKG:338) Will Be Hoping To Turn Its Returns On Capital Around
Jan 07Is Sinopec Shanghai Petrochemical Company Limited (HKG:338) Trading At A 47% Discount?
Dec 09Sinopec Shanghai Petrochemical (HKG:338) Seems To Use Debt Quite Sensibly
Oct 25Sinopec Shanghai Petrochemical (HKG:338) Will Want To Turn Around Its Return Trends
Oct 04What Is Sinopec Shanghai Petrochemical Company Limited's (HKG:338) Share Price Doing?
Aug 27A Look At The Fair Value Of Sinopec Shanghai Petrochemical Company Limited (HKG:338)
Aug 09Estimating The Intrinsic Value Of Sinopec Shanghai Petrochemical Company Limited (HKG:338)
Apr 27Is Sinopec Shanghai Petrochemical (HKG:338) Using Debt Sensibly?
Apr 09What You Need To Know About Sinopec Shanghai Petrochemical Company Limited's (HKG:338) Investor Composition
Feb 27Is Sinopec Shanghai Petrochemical Company Limited (HKG:338) At Risk Of Cutting Its Dividend?
Jan 31Is Sinopec Shanghai Petrochemical (HKG:338) Using Too Much Debt?
Jan 04
Sinopec Shanghai Petrochemical (HKG:338) Share Prices Have Dropped 64% In The Last Three Years
Dec 09Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 338's dividend payments have been volatile in the past 10 years.
Growing Dividend: 338's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Sinopec Shanghai Petrochemical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (338) | 1.8% |
| Market Bottom 25% (HK) | 3.0% |
| Market Top 25% (HK) | 7.8% |
| Industry Average (Chemicals) | 3.8% |
| Analyst forecast (338) (up to 3 years) | 7.1% |
Notable Dividend: 338's dividend (1.79%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.04%).
High Dividend: 338's dividend (1.79%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (152.1%), 338's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.5%), 338's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/10 03:54 |
| End of Day Share Price | 2025/05/09 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Sinopec Shanghai Petrochemical Company Limited is covered by 31 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Rita Wu | Barclays |
| Cheng Khoo | BNP Paribas Securities (Asia) |
| Cho Ming Lau | BOCI Research Ltd. |