Fangda Special Steel Technology Co., Ltd. manufactures and distributes steel products in China. The company provides alloy structural round steel used in the automobile and tractor industries; hot-rolled ribbed steel bars used in civil engineering construction; hot-rolled flat steel used in flat steel for the plate chain of material lifting conveyors, as well as used in material conveying equipment in mining, building materials, cement, chemical, and other industries; spring flat steel used to make automobile spring plates or air suspension guide arms; and spring round steel and wire rod products. It also offers high-speed wire, coiled screw, large coil, automobile leaf spring, automobile torsion bar, stabilizer bar, etc. The company sells its products under the Changli and Seagull brands. It also exports its products. The company was formerly known as Nanchang Changli Iron & Steel Co., Ltd. and changed its name to Fangda Special Steel Technology Co., Ltd. in December 2009. Fangda Special Steel Technology Co., Ltd. is based in Nanchang, China.
Fangda Special Steel Technology Dividend Announcement
• Fangda Special Steel Technology announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-05-09. Ex dividend date: 2024-05-09
• Fangda Special Steel Technology annual dividend for 2024 was ¥0.10
• Fangda Special Steel Technology's trailing twelve-month (TTM) dividend yield is 2.28%
• Fangda Special Steel Technology's payout ratio for the trailing twelve months (TTM) is 85.00%
Fangda Special Steel Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-09 | ¥0.10 | annually | 2024-05-09 |
2022-06-15 | ¥1.11 | annually | 2022-06-15 |
2021-06-03 | ¥1.10 | annually | 2021-06-03 |
2019-05-08 | ¥1.70 | annually | 2019-05-08 |
2018-04-04 | ¥1.60 | annually | 2018-04-04 |
2017-06-14 | ¥0.25 | annually | 2017-06-14 |
2016-07-07 | ¥0.02 | annually | |
2015-06-19 | ¥0.80 | annually | |
2014-05-19 | ¥0.13 | annually | |
2013-03-11 | ¥1.00 | annually | |
2008-04-21 | ¥0.06 | annually | |
2007-06-18 | ¥0.05 | annually |
Fangda Special Steel Technology Dividend per year
Fangda Special Steel Technology Dividend growth
Fangda Special Steel Technology Dividend Yield
Fangda Special Steel Technology current trailing twelve-month (TTM) dividend yield is 2.28%. Interested in purchasing Fangda Special Steel Technology stock? Use our calculator to estimate your expected dividend yield:
Fangda Special Steel Technology Financial Ratios
Fangda Special Steel Technology Dividend FAQ
Other factors to consider when evaluating Fangda Special Steel Technology 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: Fangda Special Steel Technology'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, Fangda Special Steel Technology 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, Fangda Special Steel Technology 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 Fangda Special Steel Technology 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: Fangda Special Steel Technology 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, Fangda Special Steel Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Fangda Special Steel Technology 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 Fangda Special Steel Technology'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 Fangda Special Steel Technology'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.