Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America. It operates in five segments: Steel, Mining, Logistics, Energy, and Cement. The company offers flat steel products, such as high, medium, low carbon, micro-alloyed, ultra-low-carbon, and interstitial free slabs; hot-rolled products, including heavy and light-gauge hot-rolled coils and sheets; cold-rolled products comprising cold-rolled coils and sheets; galvanized products; tin mill products that consist of flat-rolled low-carbon steel coils or sheets; and profiles, channels, UPE sections, and steel sleepers for the distribution, packaging, automotive, home appliance, and construction industries. It primarily explores for iron ore reserves at Casa de Pedra and Engenho mines located in the city of Congonhas; and limestone and dolomite at the Bocaina mine located in the city of Arcos in the state of Minas Gerais, Brazil, as well as produces tin. In addition, the company operates railway and port facilities; produces and sells cement to construction material stores, home centers, concrete producers, construction companies, mortar industries, and cement artifact producers; and generates electric power from its thermoelectric co-generation and hydroelectric power plants. It also exports its products. The company was incorporated in 1941 and is headquartered in São Paulo, Brazil. Companhia Siderúrgica Nacional operates as a subsidiary of Vicunha Aços S.A.
Companhia Siderúrgica Nacional Dividend Announcement
• Companhia Siderúrgica Nacional announced a quarterly dividend of $0.08 per ordinary share which will be made payable on 2024-12-05. Ex dividend date: 2024-11-29
• Companhia Siderúrgica Nacional annual dividend for 2024 was $0.22
• Companhia Siderúrgica Nacional annual dividend for 2023 was $0.50
• Companhia Siderúrgica Nacional's trailing twelve-month (TTM) dividend yield is 11.5%
• Companhia Siderúrgica Nacional's payout ratio for the trailing twelve months (TTM) is -193.27%
Companhia Siderúrgica Nacional Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.08 | quarterly | 2024-12-05 |
2024-05-22 | $0.14 | quarterly | 2024-06-06 |
2023-11-22 | $0.15 | quarterly | 2023-12-06 |
2023-05-10 | $0.24 | quarterly | 2023-05-24 |
2023-01-05 | $0.10 | quarterly | 2023-05-24 |
2022-12-01 | $0.20 | quarterly | 2022-12-09 |
2022-05-11 | $0.14 | quarterly | 2022-05-31 |
2022-01-07 | $0.03 | quarterly | 2022-06-07 |
2021-08-06 | $0.22 | quarterly | 2021-08-17 |
2021-05-12 | $0.12 | quarterly | 2021-05-21 |
2020-05-04 | $0.00 | quarterly | 2021-01-11 |
2019-09-27 | $0.07 | quarterly | 2019-10-07 |
2019-05-06 | $0.17 | quarterly | 2019-06-05 |
2015-03-19 | $0.07 | quarterly | 2015-03-30 |
2015-01-08 | $0.08 | quarterly | 2015-01-23 |
2014-03-11 | $0.12 | quarterly | 2014-03-20 |
2013-11-21 | $0.15 | quarterly | |
2013-08-15 | $0.09 | quarterly | 2013-08-26 |
2013-04-10 | $0.19 | quarterly | |
2013-01-03 | $0.10 | quarterly | 2013-01-14 |
2012-05-09 | $0.43 | quarterly | 2012-05-31 |
2011-05-05 | $0.81 | quarterly | |
2010-05-03 | $0.58 | quarterly | 2010-07-02 |
Companhia Siderúrgica Nacional Dividend per year
Companhia Siderúrgica Nacional Dividend growth
Companhia Siderúrgica Nacional Dividend Yield
Companhia Siderúrgica Nacional current trailing twelve-month (TTM) dividend yield is 11.5%. Interested in purchasing Companhia Siderúrgica Nacional stock? Use our calculator to estimate your expected dividend yield:
Companhia Siderúrgica Nacional Financial Ratios
Companhia Siderúrgica Nacional Dividend FAQ
Other factors to consider when evaluating Companhia Siderúrgica Nacional 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: Companhia Siderúrgica Nacional'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, Companhia Siderúrgica Nacional 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, Companhia Siderúrgica Nacional 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 Companhia Siderúrgica Nacional 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: Companhia Siderúrgica Nacional 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, Companhia Siderúrgica Nacional distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Companhia Siderúrgica Nacional 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 Companhia Siderúrgica Nacional'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 Companhia Siderúrgica Nacional'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.