Beijing Shougang Co., Ltd. manufactures and sells iron and steel products in Mainland China. The company offers hot rolling steel products, including hot-rolled car pickling plates, special steel products, saw blade steel, containers, pipeline steel, and hot rolled steel for automobiles and construction machinery. It also provides cold rolling steel products comprising oriented and non-oriented silicon steel, car boards, tinplates, home appliance boards, and color coated boards. In addition, the company is involved in the construction of freight port, catering, conference, and hotel operation, as well as provides technical consultation and services. Its products are used in automobiles, compressor, machinery manufacturing, hardware accessories, packing, household electrical appliances, industrial and electric motor, energy cars, transformer, and other industries. The company was founded in 1999 and is based in Beijing, China.
Beijing Shougang Dividend Announcement
• Beijing Shougang announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-07-17. Ex dividend date: 2024-07-17
• Beijing Shougang annual dividend for 2024 was ¥0.03
• Beijing Shougang's trailing twelve-month (TTM) dividend yield is 0.93%
• Beijing Shougang's payout ratio for the trailing twelve months (TTM) is -1413.30%
Beijing Shougang Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-17 | ¥0.03 | annually | 2024-07-17 |
2022-09-27 | ¥0.08 | annually | 2022-09-27 |
2021-12-08 | ¥0.10 | annually | 2021-12-08 |
2015-08-19 | ¥0.02 | annually | |
2011-07-14 | ¥0.20 | annually | |
2010-05-20 | ¥0.20 | annually | |
2009-07-23 | ¥0.20 | annually | |
2008-06-10 | ¥0.42 | annually | |
2007-06-18 | ¥0.32 | annually | |
2006-04-05 | ¥0.60 | annually | |
2005-11-18 | ¥0.54 | annually | |
2005-06-23 | ¥0.80 | annually | |
2004-05-31 | ¥0.60 | annually |
Beijing Shougang Dividend per year
Beijing Shougang Dividend growth
Beijing Shougang Dividend Yield
Beijing Shougang current trailing twelve-month (TTM) dividend yield is 0.93%. Interested in purchasing Beijing Shougang stock? Use our calculator to estimate your expected dividend yield:
Beijing Shougang Financial Ratios
Beijing Shougang Dividend FAQ
Other factors to consider when evaluating Beijing Shougang 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.
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1. Determination of Dividend: Beijing Shougang'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, Beijing Shougang 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, Beijing Shougang 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 Beijing Shougang 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. Record Date: Beijing Shougang 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, Beijing Shougang distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Beijing Shougang 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.
To assess the safety of Beijing Shougang'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 Beijing Shougang'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.