Baoshan Iron & Steel Co., Ltd. engages in the manufacture and sale of iron and steel products for automobile, home appliances, petrochemical, machinery manufacturing, energy, transportation, and other industries in China and internationally. The company offers hot-rolled (HR) steel products, including HR wear resistant steel, clad-rolled flat steel, and HR protection steel; HR pickled automotive steel sheets; cold rolled (CR) steel sheet products, such as CR automotive steel sheets, hot-dip galvanized steel for HVAC ductwork, tin plates and tin free steel, grain oriented electrical steel, pre-painted steel sheets, and others; heavy plates; pipes and tubes; bar and wire rods; stainless steel; special steel, which includes tool and die steel, alloy plates and sheets, structural steel long products, and special metallurgical products; and carbon steel sheets, as well as aluminized steel plates, color coated plates, and related coating products. It also engages in the provision of asset management and technology development, transfer, and consulting, as well as technical services in the field of metallurgical technology; construction machinery and metallurgical equipment maintenance; design, production, installation, and maintenance of mechanical and electrical equipment; import and export of goods and technology; production and sales of chemical raw materials; research, design, development, manufacturing, and integration of computers, automation, network communication systems, and software and hardware products; steel trading; research and development of laser tailor-welded blank products. In addition, the company offers transportation, warehousing, and postal services. The company was founded in 2000 and is based in Shanghai, China.
Baoshan Iron & Steel Dividend Announcement
• Baoshan Iron & Steel announced a semi annually dividend of ¥0.11 per ordinary share which will be made payable on 2024-09-25. Ex dividend date: 2024-09-25
• Baoshan Iron & Steel annual dividend for 2024 was ¥0.31
• Baoshan Iron & Steel annual dividend for 2023 was ¥0.21
• Baoshan Iron & Steel's trailing twelve-month (TTM) dividend yield is 6.06%
• Baoshan Iron & Steel's payout ratio for the trailing twelve months (TTM) is 65.68%
• Baoshan Iron & Steel's dividend growth over the last five years (2018-2023) was -14.14% year
• Baoshan Iron & Steel's dividend growth over the last ten years (2013-2023) was 4.26% year
Baoshan Iron & Steel Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-25 | ¥0.11 | semi annually | 2024-09-25 |
| 2024-06-13 | ¥0.20 | semi annually | 2024-06-13 |
| 2023-10-16 | ¥0.11 | semi annually | 2023-10-16 |
| 2023-06-14 | ¥0.10 | semi annually | 2023-06-14 |
| 2022-10-13 | ¥0.18 | semi annually | 2022-10-13 |
| 2022-06-30 | ¥0.25 | semi annually | 2022-06-30 |
| 2021-10-15 | ¥0.35 | semi annually | 2021-10-15 |
| 2021-06-18 | ¥0.30 | semi annually | 2021-06-18 |
| 2020-06-03 | ¥0.28 | semi annually | 2020-06-03 |
| 2019-05-31 | ¥0.50 | semi annually | 2019-05-31 |
| 2018-06-08 | ¥0.45 | semi annually | 2018-06-08 |
| 2017-06-14 | ¥0.21 | semi annually | 2017-06-14 |
| 2016-06-08 | ¥0.06 | semi annually | |
| 2015-05-14 | ¥0.18 | semi annually | |
| 2014-06-30 | ¥0.10 | semi annually | |
| 2013-06-18 | ¥0.14 | semi annually |
Baoshan Iron & Steel Dividend per year
Baoshan Iron & Steel Dividend growth
Baoshan Iron & Steel Dividend Yield
Baoshan Iron & Steel current trailing twelve-month (TTM) dividend yield is 6.06%. Interested in purchasing Baoshan Iron & Steel stock? Use our calculator to estimate your expected dividend yield:
Baoshan Iron & Steel Financial Ratios
P/E ratio12.67
PEG ratio1.17
P/B ratio0.76
ROE5.96%
Payout ratio65.68%
Current ratio1.10
Quick ratio0.73
Cash Ratio0.18
Baoshan Iron & Steel Dividend FAQ
How much is the next Baoshan Iron & Steel dividend?
Baoshan Iron & Steel's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Baoshan Iron & Steel dividend. The next Baoshan Iron & Steel dividend will be released in June, or October.
When is Baoshan Iron & Steel dividend paid?
Baoshan Iron & Steel pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and October. 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 Baoshan Iron & Steel pay?
The specific amount of Baoshan Iron & Steel 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 Baoshan Iron & Steel's dividend history.
Does Baoshan Iron & Steel stock pay dividends?
Yes, Baoshan Iron & Steel 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 Baoshan Iron & Steel's dividend history.
How much dividend does Baoshan Iron & Steel pay?
Baoshan Iron & Steel paid ¥0.31 in 2024, ¥0.21 in 2023, ¥0.43 in 2022, ¥0.65 in 2021, and ¥0.28 in 2020.
How often does Baoshan Iron & Steel pay dividends?
Baoshan Iron & Steel typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and October.
What is Baoshan Iron & Steel's dividend yield?
The current dividend yield for Baoshan Iron & Steel is 6.06%. 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 Baoshan Iron & Steel's exact dividend yield.
When does Baoshan Iron & Steel go ex dividend?
Baoshan Iron & Steel's ex-dividend date for the latest dividend was on 2024-09-25. Baoshan Iron & Steel 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 Baoshan Iron & Steel dividend paid?
Baoshan Iron & Steel pays dividends on a semi annually basis, typically around June, or October, but the exact dates can vary each year.
Will Baoshan Iron & Steel 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 Baoshan Iron & Steel 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 Baoshan Iron & Steel dividend per share?
Baoshan Iron & Steel paid ¥0.31 per share in 2024 and ¥0.21 per share in 2023. The amount of dividend per share that Baoshan Iron & Steel 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 Baoshan Iron & Steel 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 Baoshan Iron & Steel 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 Baoshan Iron & Steel a dividend stock?
Yes, Baoshan Iron & Steel is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Baoshan Iron & Steel a good dividend stock?
Whether Baoshan Iron & Steel is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Baoshan Iron & Steel has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Baoshan Iron & Steel 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.
Other factors to consider when evaluating Baoshan Iron & Steel 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 Baoshan Iron & Steel pay dividends monthly?
Baoshan Iron & Steel typically pays dividends on a semi annually basis.
Does Baoshan Iron & Steel pay dividends quarterly?
Baoshan Iron & Steel currently pays dividends on a semi annually basis.
Has Baoshan Iron & Steel ever paid a dividend?
Yes, Baoshan Iron & Steel has a history of paying dividends to its shareholders. Baoshan Iron & Steel is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Baoshan Iron & Steel dividend stocks?
To buy Baoshan Iron & Steel 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 Baoshan Iron & Steel 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.
Place an order: Use the brokerage's trading platform to place an order to buy Baoshan Iron & Steel 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 Baoshan Iron & Steel pay dividends 2024?
Baoshan Iron & Steel pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-25. 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 Baoshan Iron & Steel increase its dividend in 2024?
Decisions regarding Baoshan Iron & Steel 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 Baoshan Iron & Steel dividend overview you can look into the above table of dividend history.
How Baoshan Iron & Steel dividend works?
The Baoshan Iron & Steel 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 Baoshan Iron & Steel's dividend process works:
1. Determination of Dividend: Baoshan Iron & Steel'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, Baoshan Iron & Steel 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, Baoshan Iron & Steel 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 Baoshan Iron & Steel 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.
1. Determination of Dividend: Baoshan Iron & Steel'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, Baoshan Iron & Steel 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, Baoshan Iron & Steel 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 Baoshan Iron & Steel 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 Baoshan Iron & Steel dividends paid?
Baoshan Iron & Steel dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Baoshan Iron & Steel 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, Baoshan Iron & Steel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Baoshan Iron & Steel 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.
1. Record Date: Baoshan Iron & Steel 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, Baoshan Iron & Steel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Baoshan Iron & Steel 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 Baoshan Iron & Steel pay dividends?
Baoshan Iron & Steel typically pays dividends on a semi 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 Baoshan Iron & Steel pay dividends?
The general pattern is that Baoshan Iron & Steel pays dividends around June, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Baoshan Iron & Steel dividend safe?
The safety of Baoshan Iron & Steel'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 Baoshan Iron & Steel'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 Baoshan Iron & Steel'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.
To assess the safety of Baoshan Iron & Steel'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 Baoshan Iron & Steel'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.