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 -26.95%
Gansu Jiu Steel Hongxing Iron & Steel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2013-07-15 | ¥0.03 | annually | |
2012-07-09 | ¥0.12 | annually | |
2011-05-16 | ¥0.10 | annually | |
2010-07-05 | ¥0.10 | annually | |
2008-06-24 | ¥0.20 | annually | |
2007-06-12 | ¥0.16 | annually | |
2006-06-28 | ¥0.12 | annually | |
2005-06-09 | ¥0.24 | annually | |
2004-08-16 | ¥0.21 | annually | |
2003-06-02 | ¥0.18 | annually | |
2002-06-13 | ¥0.17 | annually | |
2001-05-21 | ¥0.16 | annually |
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
Gansu Jiu Steel Hongxing Iron & 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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