Hang Xiao Steel Structure Co., Ltd. designs, manufactures, and constructs steel structure products in China and internationally. The company offers steel structure for workshops, multi-layer high-rise steel structures, large-span spatial steel structures, steel structure houses, light steel structures, residential steel structures, space steel structures, power plant steel structures, petroleum refining and chemical steel structures, and bridge steel structures. It also provides green building materials, including TDs, steel bar truss, steel bar truss templates, adapting pieces, CCA wall components, fire protection package beams, etc., as well as supporting wall panels/floors. Hang Xiao Steel Structure Co., Ltd. was founded in 1985 and is headquartered in Hangzhou, China.
Hang Xiao Steel Structure Dividend Announcement
• Hang Xiao Steel Structure announced a semi annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-10-22. Ex dividend date: 2024-10-22
• Hang Xiao Steel Structure annual dividend for 2024 was ¥0.09
• Hang Xiao Steel Structure annual dividend for 2023 was ¥0.04
• Hang Xiao Steel Structure's trailing twelve-month (TTM) dividend yield is 2.82%
• Hang Xiao Steel Structure's payout ratio for the trailing twelve months (TTM) is 129.77%
• Hang Xiao Steel Structure's dividend growth over the last five years (2018-2023) was -20.32% year
Hang Xiao Steel Structure Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-22 | ¥0.04 | semi annually | 2024-10-22 |
2024-06-11 | ¥0.05 | semi annually | 2024-06-11 |
2023-06-19 | ¥0.04 | semi annually | 2023-06-19 |
2022-07-08 | ¥0.06 | semi annually | 2022-07-08 |
2021-04-30 | ¥0.10 | semi annually | 2021-04-30 |
2020-05-06 | ¥0.10 | semi annually | 2020-05-06 |
2019-06-11 | ¥0.08 | semi annually | 2019-06-11 |
2018-05-23 | ¥0.11 | semi annually | 2018-05-23 |
2017-07-03 | ¥0.08 | semi annually | 2017-07-03 |
2016-06-13 | ¥0.06 | semi annually | |
2015-06-04 | ¥0.06 | semi annually | |
2014-06-17 | ¥0.03 | semi annually | |
2011-07-06 | ¥0.03 | semi annually |
Hang Xiao Steel Structure Dividend per year
Hang Xiao Steel Structure Dividend growth
Hang Xiao Steel Structure Dividend Yield
Hang Xiao Steel Structure current trailing twelve-month (TTM) dividend yield is 2.82%. Interested in purchasing Hang Xiao Steel Structure stock? Use our calculator to estimate your expected dividend yield:
Hang Xiao Steel Structure Financial Ratios
Hang Xiao Steel Structure Dividend FAQ
Other factors to consider when evaluating Hang Xiao Steel Structure 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: Hang Xiao Steel Structure'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, Hang Xiao Steel Structure 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, Hang Xiao Steel Structure 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 Hang Xiao Steel Structure 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: Hang Xiao Steel Structure 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, Hang Xiao Steel Structure distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hang Xiao Steel Structure 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 Hang Xiao Steel Structure'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 Hang Xiao Steel Structure'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.