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 0.88%
• Fushun Special Steel's payout ratio for the trailing twelve months (TTM) is 52.46%
Fushun Special Steel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-19 | ¥0.06 | annually | 2024-06-19 |
2016-06-22 | ¥0.04 | annually | |
2015-06-10 | ¥0.05 | annually | |
2014-07-17 | ¥0.02 | annually | |
2013-07-23 | ¥0.02 | annually | |
2012-07-20 | ¥0.02 | annually | |
2002-05-22 | ¥0.03 | annually | |
2001-06-07 | ¥0.05 | annually |
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 0.88%. Interested in purchasing Fushun Special Steel stock? Use our calculator to estimate your expected dividend yield:
Fushun Special Steel Financial Ratios
Fushun Special Steel Dividend FAQ
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.
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