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Gansu Jiu Steel Group Hongxing Iron & Steel Co.,Ltd. produces and sells iron and steel and their rolled products in China, South Korea, Japan, the United States, Hong Kong, and Taiwan. It offers steel products, electrolytic aluminum equipment, manufacturing ferro alloys, and non-metallic materials; and engages in the wine, dairy, and public service industries. The company was founded in 1999 and is based in Jiayuguan, China. Gansu Jiu Steel Group Hongxing Iron & Steel Co.,Ltd. is a subsidiary of Jiuquan Iron & Steel (Group) Co., Ltd.

Gansu Jiu Steel Hongxing Iron & Steel Dividend Announcement

Gansu Jiu Steel Hongxing Iron & Steel announced a annually dividend of ¥0.03 per ordinary share which will be made payable on . Ex dividend date: 2013-07-15
Gansu Jiu Steel Hongxing Iron & Steel's trailing twelve-month (TTM) dividend yield is -%
Gansu Jiu Steel Hongxing Iron & Steel's payout ratio for the trailing twelve months (TTM) is -42.08%

Gansu Jiu Steel Hongxing Iron & Steel Dividend History

Ex-Div dateDividend amountDividend typePay date
2013-07-15¥0.03annually
2012-07-09¥0.12annually
2011-05-16¥0.10annually
2010-07-05¥0.10annually
2008-06-24¥0.20annually
2007-06-12¥0.16annually
2006-06-28¥0.12annually
2005-06-09¥0.24annually
2004-08-16¥0.21annually
2003-06-02¥0.18annually
2002-06-13¥0.17annually
2001-05-21¥0.16annually

Gansu Jiu Steel Hongxing Iron & Steel Dividend per year

Gansu Jiu Steel Hongxing Iron & Steel Dividend growth

Gansu Jiu Steel Hongxing Iron & Steel Dividend Yield

Gansu Jiu Steel Hongxing Iron & Steel current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Gansu Jiu Steel Hongxing Iron & Steel stock? Use our calculator to estimate your expected dividend yield:

Gansu Jiu Steel Hongxing Iron & Steel Financial Ratios

P/E ratio-5.75
PEG ratio-0.03
P/B ratio1.01
ROE-16.30%
Payout ratio-42.08%
Current ratio0.38
Quick ratio0.17
Cash Ratio0.09

Gansu Jiu Steel Hongxing Iron & Steel Dividend FAQ

Does Gansu Jiu Steel Hongxing Iron & Steel stock pay dividends?
Gansu Jiu Steel Hongxing Iron & Steel does not currently pay dividends to its shareholders.
Has Gansu Jiu Steel Hongxing Iron & Steel ever paid a dividend?
No, Gansu Jiu Steel Hongxing Iron & Steel has no a history of paying dividends to its shareholders. Gansu Jiu Steel Hongxing Iron & Steel is not known for its dividend payments.
Why doesn't Gansu Jiu Steel Hongxing Iron & Steel pay dividends?
There are several potential reasons why Gansu Jiu Steel Hongxing Iron & 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 Gansu Jiu Steel Hongxing Iron & 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 Gansu Jiu Steel Hongxing Iron & 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 Gansu Jiu Steel Hongxing Iron & Steel a dividend aristocrat?
Gansu Jiu Steel Hongxing Iron & 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 Gansu Jiu Steel Hongxing Iron & Steel a dividend king?
Gansu Jiu Steel Hongxing Iron & 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 Gansu Jiu Steel Hongxing Iron & Steel a dividend stock?
No, Gansu Jiu Steel Hongxing Iron & 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 Gansu Jiu Steel Hongxing Iron & Steel stocks?
To buy Gansu Jiu Steel Hongxing Iron & 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 Gansu Jiu Steel Hongxing Iron & 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.