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Jiangsu Changbao Steeltube Co.,Ltd produces and sells steel tubes in the People's Republic of China. The company offers OCTG products for petroleum industry, including connection tubings and casings, coupling stocks, perforating gun carrier pipes, petroleum tool pipes, drill pipes, and slotted pipes; boiler tubes for power generation; steel tubes for auto industry comprising automobile precision tubes, piping for hydraulic cylinders, and axel tubes; petrochemical tubes, steel tubes for low temperature resistance, and high pressure fertilizer tubes; and steel tubes for engineering machinery industry, such as mechanical steel pipes, boom pipes, and piping for hydraulic cylinders. It also provides line pipes, geological drilling pipes, core barrels, rope corning drill pipe materials, gas cylinder pipes, and accumulator tubes, as well as steel pipes for marine engineering, structural purpose, and fluid transmission. It exports its products to Europe, the Americas, the Middle East, CIS, Southeast Asia, Australia, Africa, and internationally. The company was founded in 1958 and is based in Changzhou, China.

Jiangsu Changbao Steeltube Dividend Announcement

Jiangsu Changbao Steeltube announced a annually dividend of ¥0.28 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-24
Jiangsu Changbao Steeltube annual dividend for 2024 was ¥0.28
Jiangsu Changbao Steeltube annual dividend for 2023 was ¥0.18
Jiangsu Changbao Steeltube's trailing twelve-month (TTM) dividend yield is 5.15%
Jiangsu Changbao Steeltube's payout ratio for the trailing twelve months (TTM) is 72.15%
Jiangsu Changbao Steeltube's dividend growth over the last five years (2018-2023) was 12.47% year

Jiangsu Changbao Steeltube Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-24¥0.28annually2024-05-24
2023-05-17¥0.18annually2023-05-17
2022-06-01¥0.08annually2022-06-01
2021-05-28¥0.10annually2021-05-28
2020-07-15¥0.13annually2020-07-15
2019-07-17¥0.12annually2019-07-17
2018-07-04¥0.10annually2018-07-04
2017-04-26¥1.00annually2017-04-26
2016-05-06¥0.20annually
2015-05-04¥0.20annually
2014-06-27¥0.20annually
2013-06-21¥0.18annually

Jiangsu Changbao Steeltube Dividend per year

Jiangsu Changbao Steeltube Dividend growth

Jiangsu Changbao Steeltube Dividend Yield

Jiangsu Changbao Steeltube current trailing twelve-month (TTM) dividend yield is 5.15%. Interested in purchasing Jiangsu Changbao Steeltube stock? Use our calculator to estimate your expected dividend yield:

Jiangsu Changbao Steeltube Financial Ratios

P/E ratio8.09
PEG ratio-0.70
P/B ratio0.85
ROE10.71%
Payout ratio72.15%
Current ratio2.41
Quick ratio1.85
Cash Ratio0.92

Jiangsu Changbao Steeltube Dividend FAQ

How much is the next Jiangsu Changbao Steeltube dividend?
Jiangsu Changbao Steeltube's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Jiangsu Changbao Steeltube dividend. The next Jiangsu Changbao Steeltube dividend will be released in May.
When is Jiangsu Changbao Steeltube dividend paid?
Jiangsu Changbao Steeltube pays dividends on a annually basis. The specific dates may vary each year but are generally around May. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Jiangsu Changbao Steeltube pay?
The specific amount of Jiangsu Changbao Steeltube dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Jiangsu Changbao Steeltube's dividend history.
Does Jiangsu Changbao Steeltube stock pay dividends?
Yes, Jiangsu Changbao Steeltube does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Jiangsu Changbao Steeltube's dividend history.
How much dividend does Jiangsu Changbao Steeltube pay?
Jiangsu Changbao Steeltube paid ¥0.28 in 2024, ¥0.18 in 2023, ¥0.08 in 2022, ¥0.1 in 2021, and ¥0.13 in 2020.
How often does Jiangsu Changbao Steeltube pay dividends?
Jiangsu Changbao Steeltube typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is Jiangsu Changbao Steeltube's dividend yield?
The current dividend yield for Jiangsu Changbao Steeltube is 5.15%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Jiangsu Changbao Steeltube's exact dividend yield.
When does Jiangsu Changbao Steeltube go ex dividend?
Jiangsu Changbao Steeltube's ex-dividend date for the latest dividend was on 2024-05-24. Jiangsu Changbao Steeltube typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Jiangsu Changbao Steeltube dividend paid?
Jiangsu Changbao Steeltube pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Jiangsu Changbao Steeltube increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Jiangsu Changbao Steeltube will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Jiangsu Changbao Steeltube dividend per share?
Jiangsu Changbao Steeltube paid ¥0.28 per share in 2024 and ¥0.18 per share in 2023. The amount of dividend per share that Jiangsu Changbao Steeltube pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Jiangsu Changbao Steeltube a dividend aristocrat?
No, 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 Jiangsu Changbao Steeltube a dividend king?
No, 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 Jiangsu Changbao Steeltube a dividend stock?
Yes, Jiangsu Changbao Steeltube is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Jiangsu Changbao Steeltube a good dividend stock?
Whether Jiangsu Changbao Steeltube is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Jiangsu Changbao Steeltube has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Jiangsu Changbao Steeltube 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.
Does Jiangsu Changbao Steeltube pay dividends monthly?
Jiangsu Changbao Steeltube typically pays dividends on a annually basis.
Does Jiangsu Changbao Steeltube pay dividends quarterly?
Jiangsu Changbao Steeltube currently pays dividends on a annually basis.
Has Jiangsu Changbao Steeltube ever paid a dividend?
Yes, Jiangsu Changbao Steeltube has a history of paying dividends to its shareholders. Jiangsu Changbao Steeltube is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Jiangsu Changbao Steeltube dividend stocks?
To buy Jiangsu Changbao Steeltube 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Jiangsu Changbao Steeltube 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.
When does Jiangsu Changbao Steeltube pay dividends 2024?
Jiangsu Changbao Steeltube pays dividends on a annually basis. 2024 dividend payments are in 2024-05-24. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Jiangsu Changbao Steeltube increase its dividend in 2024?
Decisions regarding Jiangsu Changbao Steeltube dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Jiangsu Changbao Steeltube dividend overview you can look into the above table of dividend history.
How Jiangsu Changbao Steeltube dividend works?
The Jiangsu Changbao Steeltube dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Jiangsu Changbao Steeltube's dividend process works:

1. Determination of Dividend: Jiangsu Changbao Steeltube'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, Jiangsu Changbao Steeltube 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, Jiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube 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.
How are Jiangsu Changbao Steeltube dividends paid?
Jiangsu Changbao Steeltube dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Jiangsu Changbao Steeltube 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, Jiangsu Changbao Steeltube distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Jiangsu Changbao Steeltube 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.
How many times does Jiangsu Changbao Steeltube pay dividends?
Jiangsu Changbao Steeltube typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Jiangsu Changbao Steeltube pay dividends?
The general pattern is that Jiangsu Changbao Steeltube pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Jiangsu Changbao Steeltube dividend safe?
The safety of Jiangsu Changbao Steeltube's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Jiangsu Changbao Steeltube'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 Jiangsu Changbao Steeltube'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.