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China Steel Corporation manufactures and sells steel products primarily in Taiwan, Vietnam, Malaysia, China, India, and internationally. The company offers steel plates for construction structures, shipbuilding, bridges, oil country tabular goods, steel structures, pressure vessels, storage tanks, truck chassis, general structural components, and boilers; and steel bars and wire rods for bolts and nuts general and machine structures, cold forging, hot forging, tire cords, umbrella ribs, chains, hand tools and welding electrodes. It also provides hot-rolled coils and sheets for Steel pipes and tubes, vehicle parts, containers, pressure vessels, jacks, cold-rolled and galvanized steels, light steel frame and formed processed products; and cold-rolled coils for automobile panels home appliances, drums, steel pipes and tubes, galvanized steels, and general hardware. In addition, the company offers color coils for roofing and walling, appliances, kitchenware, furniture, transportation vehicle materials, and interior decoration materials; electrical steel coils for manufacturing motors, transformers, stabilizers, relays, and cores of electric panels; electro-galvanized coils; and hot-dip galvanized coils. Further, it engages in the mechanical, communications, and electrical engineering activities; and ocean freight forwarding and bulk shipping transportation activities. Additionally, the company offers titanium-nickel, aluminum, and other non-ferrous metals, machinery and equipment, magnetic materials, specialty chemicals, ferric iron oxide, electronic ceramics; designs and sells IT hardware and software; and introduces and develops biology, as well as develops, sells, and rents land and commercial real estate properties. It also provides steel product agency and trading, guard security and system security, and management consultancy services; and generates solar power. The company was founded in 1971 and is headquartered in Kaohsiung, Taiwan.

China Steel Dividend Announcement

• China Steel announced a annually dividend of NT$0.35 per ordinary share which will be made payable on 2024-08-28. Ex dividend date: 2024-07-26
• China Steel annual dividend for 2024 was NT$0.35
• China Steel annual dividend for 2023 was NT$1.00
• China Steel's trailing twelve-month (TTM) dividend yield is 1.47%
• China Steel's payout ratio for the trailing twelve months (TTM) is 467.53%
• China Steel's dividend growth over the last five years (2018-2023) was 2.59% year
• China Steel's dividend growth over the last ten years (2013-2023) was 9.81% year

China Steel Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-26NT$0.35annually2024-08-28
2023-07-26NT$1.00annually2023-08-25
2022-07-26NT$3.10annually2022-08-26
2021-08-31NT$0.30annually2021-09-17
2020-07-24NT$0.50annually2020-08-27
2019-07-25NT$1.00annually2019-08-27
2018-07-26NT$0.88annually2018-08-24
2017-07-26NT$0.85annually2017-08-25
2016-07-26NT$0.50annually
2015-07-24NT$1.00annually
2014-08-14NT$0.67annually
2013-07-26NT$0.39annually

China Steel Dividend per year

China Steel Dividend growth

China Steel Dividend Yield

China Steel current trailing twelve-month (TTM) dividend yield is 1.47%. Interested in purchasing China Steel stock? Use our calculator to estimate your expected dividend yield:

China Steel Financial Ratios

P/E ratio107.45
PEG ratio37.25
P/B ratio1.19
ROE1.10%
Payout ratio467.53%
Current ratio1.23
Quick ratio0.52
Cash Ratio0.13

China Steel Dividend FAQ

How much is the next China Steel dividend?
China 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 China Steel dividend. The next China Steel dividend will be released in July.
When is China Steel dividend paid?
China Steel pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 China Steel pay?
The specific amount of China 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 China Steel's dividend history.
Does China Steel stock pay dividends?
Yes, China 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 China Steel's dividend history.
How much dividend does China Steel pay?
China Steel paid NT$0.35 in 2024, NT$1.0 in 2023, NT$3.1 in 2022, NT$0.3 in 2021, and NT$0.5 in 2020.
How often does China Steel pay dividends?
China Steel typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is China Steel's dividend yield?
The current dividend yield for China Steel is 1.47%. 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 China Steel's exact dividend yield.
When does China Steel go ex dividend?
China Steel's ex-dividend date for the latest dividend was on 2024-07-26. China 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 China Steel dividend paid?
China Steel pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will China 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 China 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 China Steel dividend per share?
China Steel paid NT$0.35 per share in 2024 and NT$1.0 per share in 2023. The amount of dividend per share that China 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 China 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 China 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 China Steel a dividend stock?
Yes, China Steel is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is China Steel a good dividend stock?
Whether China 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. China Steel has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating China 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 China Steel pay dividends monthly?
China Steel typically pays dividends on a annually basis.
Does China Steel pay dividends quarterly?
China Steel currently pays dividends on a annually basis.
Has China Steel ever paid a dividend?
Yes, China Steel has a history of paying dividends to its shareholders. China Steel is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy China Steel dividend stocks?
To buy China 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 China 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 China Steel pay dividends 2024?
China Steel pays dividends on a annually basis. 2024 dividend payments are in 2024-08-28. 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 China Steel increase its dividend in 2024?
Decisions regarding China 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 China Steel dividend overview you can look into the above table of dividend history.
How China Steel dividend works?
The China 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 China Steel's dividend process works:

1. Determination of Dividend: China 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, China 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, China 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 China 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 China Steel dividends paid?
China Steel dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: China 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, China 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: China 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 China Steel pay dividends?
China Steel typically pays dividends on a 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 China Steel pay dividends?
The general pattern is that China Steel pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is China Steel dividend safe?
The safety of China 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 China 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 China 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.