CITIC Pacific Special Steel Group Co., Ltd. manufactures and sells steel materials in China. It offers alloy steel bars, medium and thick plates, seamless steel pipes, metallurgical forging, alloy steel wires, and alloy round steel billets, as well as quenched and tempered, and silver bright materials; and auto springs and parts, and other deep-processing products. The company also provides ferrous and non-ferrous metal, and auxiliary materials; high-alloy steel pipes and fittings; steel and iron smelting, steel rolling, coking, and steel balls; and smelting and rolling of steel, metal rolling, and wire processing services, as well as designs, manufactures, processes, and installs steel structural parts and metallurgical equipment. In addition, the company offers scrap steel recycling; cargo loading and unloading, lightening, warehousing, storage, general freight, freight forwarding, and freight stowage services; terminal facilities services; and high-grade oxidized pellets of magnet powder, etc. Further, it engages in wharf construction, iron ore powder processing and sales, etc.; and production and sale of electricity, coal gas, coke, coke diced, coke powder, sinter, and related chemical products, as well as installs and maintains machinery and electrical equipment. Additionally, the company provides inspection and testing services; certification services; technical consulting and support, staff training, and other services. It exports its products to approximately 60 countries and regions, such as the United States, Japan, the European Union, and Southeast Asia. The company was formerly known as Daye Special Steel Co., Ltd. and changed its name to CITIC Pacific Special Steel Group Co., Ltd. in September 2019. CITIC Pacific Special Steel Group Co., Ltd. was founded in 1993 and is based in Jiangyin, China. CITIC Pacific Special Steel Group Co., Ltd. operates as a subsidiary of CITIC Pacific Special Steel Investment Limited.
Citic Pacific Special Steel Dividend Announcement
• Citic Pacific Special Steel announced a annually dividend of ¥0.56 per ordinary share which will be made payable on 2024-05-10. Ex dividend date: 2024-05-10
• Citic Pacific Special Steel annual dividend for 2024 was ¥0.56
• Citic Pacific Special Steel annual dividend for 2023 was ¥0.70
• Citic Pacific Special Steel's trailing twelve-month (TTM) dividend yield is 4.14%
• Citic Pacific Special Steel's payout ratio for the trailing twelve months (TTM) is 126.31%
• Citic Pacific Special Steel's dividend growth over the last five years (2018-2023) was 18.47% year
Citic Pacific Special Steel Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-10 | ¥0.56 | annually | 2024-05-10 |
| 2023-04-20 | ¥0.70 | annually | 2023-04-20 |
| 2022-04-13 | ¥0.80 | annually | 2022-04-13 |
| 2021-04-01 | ¥0.70 | annually | 2021-04-01 |
| 2020-04-30 | ¥1.00 | annually | 2020-04-30 |
| 2019-05-22 | ¥0.80 | annually | 2019-05-22 |
| 2018-06-14 | ¥0.30 | annually | 2018-06-14 |
| 2017-06-19 | ¥0.20 | annually | 2017-06-19 |
| 2016-06-07 | ¥0.15 | annually | |
| 2015-06-19 | ¥0.20 | annually | |
| 2014-06-11 | ¥0.20 | annually | |
| 2012-06-21 | ¥0.40 | annually |
Citic Pacific Special Steel Dividend per year
Citic Pacific Special Steel Dividend growth
Citic Pacific Special Steel Dividend Yield
Citic Pacific Special Steel current trailing twelve-month (TTM) dividend yield is 4.14%. Interested in purchasing Citic Pacific Special Steel stock? Use our calculator to estimate your expected dividend yield:
Citic Pacific Special Steel Financial Ratios
P/E ratio12.73
PEG ratio1.33
P/B ratio1.79
ROE14.02%
Payout ratio126.31%
Current ratio1.07
Quick ratio0.68
Cash Ratio0.17
Citic Pacific Special Steel Dividend FAQ
How much is the next Citic Pacific Special Steel dividend?
Citic Pacific Special 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 Citic Pacific Special Steel dividend. The next Citic Pacific Special Steel dividend will be released in April.
When is Citic Pacific Special Steel dividend paid?
Citic Pacific Special Steel pays dividends on a annually basis. The specific dates may vary each year but are generally around April. 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 Citic Pacific Special Steel pay?
The specific amount of Citic Pacific Special 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 Citic Pacific Special Steel's dividend history.
Does Citic Pacific Special Steel stock pay dividends?
Yes, Citic Pacific Special 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 Citic Pacific Special Steel's dividend history.
How much dividend does Citic Pacific Special Steel pay?
Citic Pacific Special Steel paid ¥0.565 in 2024, ¥0.7 in 2023, ¥0.8 in 2022, ¥0.7 in 2021, and ¥1.0 in 2020.
How often does Citic Pacific Special Steel pay dividends?
Citic Pacific Special 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 April.
What is Citic Pacific Special Steel's dividend yield?
The current dividend yield for Citic Pacific Special Steel is 4.14%. 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 Citic Pacific Special Steel's exact dividend yield.
When does Citic Pacific Special Steel go ex dividend?
Citic Pacific Special Steel's ex-dividend date for the latest dividend was on 2024-05-10. Citic Pacific Special 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 Citic Pacific Special Steel dividend paid?
Citic Pacific Special Steel pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will Citic Pacific Special 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 Citic Pacific Special 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 Citic Pacific Special Steel dividend per share?
Citic Pacific Special Steel paid ¥0.565 per share in 2024 and ¥0.7 per share in 2023. The amount of dividend per share that Citic Pacific Special 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 Citic Pacific Special 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 Citic Pacific Special 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 Citic Pacific Special Steel a dividend stock?
Yes, Citic Pacific Special Steel is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Citic Pacific Special Steel a good dividend stock?
Whether Citic Pacific Special 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. Citic Pacific Special Steel has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Citic Pacific Special 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 Citic Pacific Special 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 Citic Pacific Special Steel pay dividends monthly?
Citic Pacific Special Steel typically pays dividends on a annually basis.
Does Citic Pacific Special Steel pay dividends quarterly?
Citic Pacific Special Steel currently pays dividends on a annually basis.
Has Citic Pacific Special Steel ever paid a dividend?
Yes, Citic Pacific Special Steel has a history of paying dividends to its shareholders. Citic Pacific Special Steel is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Citic Pacific Special Steel dividend stocks?
To buy Citic Pacific Special 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 Citic Pacific Special 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 Citic Pacific Special 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 Citic Pacific Special Steel pay dividends 2024?
Citic Pacific Special Steel pays dividends on a annually basis. 2024 dividend payments are in 2024-05-10. 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 Citic Pacific Special Steel increase its dividend in 2024?
Decisions regarding Citic Pacific Special 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 Citic Pacific Special Steel dividend overview you can look into the above table of dividend history.
How Citic Pacific Special Steel dividend works?
The Citic Pacific Special 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 Citic Pacific Special Steel's dividend process works:
1. Determination of Dividend: Citic Pacific Special 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, Citic Pacific Special 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, Citic Pacific Special 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 Citic Pacific Special 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: Citic Pacific Special 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, Citic Pacific Special 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, Citic Pacific Special 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 Citic Pacific Special 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 Citic Pacific Special Steel dividends paid?
Citic Pacific Special Steel dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Citic Pacific Special 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, Citic Pacific Special 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: Citic Pacific Special 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: Citic Pacific Special 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, Citic Pacific Special 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: Citic Pacific Special 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 Citic Pacific Special Steel pay dividends?
Citic Pacific Special 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 Citic Pacific Special Steel pay dividends?
The general pattern is that Citic Pacific Special Steel pays dividends around April. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Citic Pacific Special Steel dividend safe?
The safety of Citic Pacific Special 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 Citic Pacific Special 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 Citic Pacific Special 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 Citic Pacific Special 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 Citic Pacific Special 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.