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Fushun Special Steel Co.,LTD. manufactures and sells steel products in China. The company offers super alloy, tool and die steel, stainless steel, titanium alloy, and alloy structural steel products. Its products are used in the aviation, aerospace, weapons, nuclear power, petroleum and petrochemical, transportation, engineering machinery, and medical industries. The company also exports its products to approximately 30 countries. Fushun Special Steel Co.,LTD. was founded in 1937 and is based in Fushun, China.

Fushun Special Steel Dividend Announcement

Fushun Special Steel announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-06-19. Ex dividend date: 2024-06-19
Fushun Special Steel annual dividend for 2024 was ¥0.06
Fushun Special Steel's trailing twelve-month (TTM) dividend yield is 0.89%
Fushun Special Steel's payout ratio for the trailing twelve months (TTM) is 46.80%

Fushun Special Steel Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-19¥0.06annually2024-06-19
2016-06-22¥0.04annually
2015-06-10¥0.05annually
2014-07-17¥0.02annually
2013-07-23¥0.02annually
2012-07-20¥0.02annually
2002-05-22¥0.03annually
2001-06-07¥0.05annually

Fushun Special Steel Dividend per year

Fushun Special Steel Dividend growth

Fushun Special Steel Dividend Yield

Fushun Special Steel current trailing twelve-month (TTM) dividend yield is 0.89%. Interested in purchasing Fushun Special Steel stock? Use our calculator to estimate your expected dividend yield:

Fushun Special Steel Financial Ratios

P/E ratio28.68
PEG ratio2.74
P/B ratio1.90
ROE6.71%
Payout ratio46.80%
Current ratio1.65
Quick ratio0.87
Cash Ratio0.31

Fushun Special Steel Dividend FAQ

Does Fushun Special Steel stock pay dividends?
Fushun Special Steel does not currently pay dividends to its shareholders.
Has Fushun Special Steel ever paid a dividend?
No, Fushun Special Steel has no a history of paying dividends to its shareholders. Fushun Special Steel is not known for its dividend payments.
Why doesn't Fushun Special Steel pay dividends?
There are several potential reasons why Fushun Special Steel would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Fushun Special Steel ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Fushun Special Steel has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Fushun Special Steel a dividend aristocrat?
Fushun Special Steel is not considered a Dividend Aristocrat. 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 Fushun Special Steel a dividend king?
Fushun Special Steel is not classified as a "Dividend King". 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 Fushun Special Steel a dividend stock?
No, Fushun Special Steel is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Fushun Special Steel stocks?
To buy Fushun 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Fushun 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.