company-logo

Jiangsu Shagang Co., Ltd. manufactures steel products in China and internationally. It offers bearing steel, spring steel, ball steel, alloy and carbon tube billet steel, marine steel, frog steel, high-quality composite and carbon steel, low-alloy high-strength steel, and other composite steel products. The company also provides steel for measuring tools and drilling tools, hook tail frames, train axles, train wheels, construction machinery, coal mine machinery, cold working and fasteners, drill pipes and collars, gas cylinders, oil well pipes, and mooring chains. In addition, it offers continuous casting round tube billet, non-quenched and tempered free-cutting steel, gear steel, automotive steel, petroleum pipeline steel, and anchor chain steel products, as well as bearing flat, spring flat, car beam flat, fork flat, and other flat steel products; flat steel for moulds; and forging large round billet products. The company's products are used in automobile, equipment manufacturing, construction machinery, energy industry, locomotives, boilers, mining, shipbuilding, rail transportation, and other industries. Jiangsu Shagang Co., Ltd. was formerly known as Jiangsu Huaigang Group Co. Ltd. The company was founded in 1970 and is based in Shanghai, China.

Jiangsu Shagang Dividend Announcement

Jiangsu Shagang announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-06-26. Ex dividend date: 2024-06-26
Jiangsu Shagang annual dividend for 2024 was ¥0.05
Jiangsu Shagang annual dividend for 2023 was ¥0.05
Jiangsu Shagang's trailing twelve-month (TTM) dividend yield is 0.84%
Jiangsu Shagang's payout ratio for the trailing twelve months (TTM) is 129.64%
Jiangsu Shagang's dividend growth over the last five years (2018-2023) was 10.76% year

Jiangsu Shagang Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-26¥0.05annually2024-06-26
2023-06-16¥0.05annually2023-06-16
2022-06-08¥0.08annually2022-06-08
2021-05-18¥0.10annually2021-05-18
2020-06-11¥0.10annually2020-06-11
2019-04-25¥0.03annually2019-04-25
2018-09-10¥0.03annually2018-09-10
2007-06-06¥0.04annually

Jiangsu Shagang Dividend per year

Jiangsu Shagang Dividend growth

Jiangsu Shagang Dividend Yield

Jiangsu Shagang current trailing twelve-month (TTM) dividend yield is 0.84%. Interested in purchasing Jiangsu Shagang stock? Use our calculator to estimate your expected dividend yield:

Jiangsu Shagang Financial Ratios

P/E ratio68.71
PEG ratio33.71
P/B ratio2.05
ROE2.95%
Payout ratio129.64%
Current ratio1.20
Quick ratio1.00
Cash Ratio0.45

Jiangsu Shagang Dividend FAQ

How much is the next Jiangsu Shagang dividend?
Jiangsu Shagang'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 Shagang dividend. The next Jiangsu Shagang dividend will be released in June.
When is Jiangsu Shagang dividend paid?
Jiangsu Shagang pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Shagang pay?
The specific amount of Jiangsu Shagang 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 Shagang's dividend history.
Does Jiangsu Shagang stock pay dividends?
Yes, Jiangsu Shagang 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 Shagang's dividend history.
How much dividend does Jiangsu Shagang pay?
Jiangsu Shagang paid ¥0.05 in 2024, ¥0.05 in 2023, ¥0.08 in 2022, ¥0.1 in 2021, and ¥0.1 in 2020.
How often does Jiangsu Shagang pay dividends?
Jiangsu Shagang 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 June.
What is Jiangsu Shagang's dividend yield?
The current dividend yield for Jiangsu Shagang is 0.84%. 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 Shagang's exact dividend yield.
When does Jiangsu Shagang go ex dividend?
Jiangsu Shagang's ex-dividend date for the latest dividend was on 2024-06-26. Jiangsu Shagang 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 Shagang dividend paid?
Jiangsu Shagang pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Jiangsu Shagang 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 Shagang 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 Shagang dividend per share?
Jiangsu Shagang paid ¥0.05 per share in 2024 and ¥0.05 per share in 2023. The amount of dividend per share that Jiangsu Shagang 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 Shagang 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 Shagang 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 Shagang a dividend stock?
Yes, Jiangsu Shagang is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Jiangsu Shagang a good dividend stock?
Whether Jiangsu Shagang 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 Shagang has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Jiangsu Shagang 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 Shagang pay dividends monthly?
Jiangsu Shagang typically pays dividends on a annually basis.
Does Jiangsu Shagang pay dividends quarterly?
Jiangsu Shagang currently pays dividends on a annually basis.
Has Jiangsu Shagang ever paid a dividend?
Yes, Jiangsu Shagang has a history of paying dividends to its shareholders. Jiangsu Shagang is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Jiangsu Shagang dividend stocks?
To buy Jiangsu Shagang 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 Shagang 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 Shagang pay dividends 2024?
Jiangsu Shagang pays dividends on a annually basis. 2024 dividend payments are in 2024-06-26. 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 Shagang increase its dividend in 2024?
Decisions regarding Jiangsu Shagang 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 Shagang dividend overview you can look into the above table of dividend history.
How Jiangsu Shagang dividend works?
The Jiangsu Shagang 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 Shagang's dividend process works:

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

1. Record Date: Jiangsu Shagang 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 Shagang 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 Shagang 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 Shagang pay dividends?
Jiangsu Shagang 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 Shagang pay dividends?
The general pattern is that Jiangsu Shagang pays dividends around June. 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 Shagang dividend safe?
The safety of Jiangsu Shagang'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 Shagang'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 Shagang'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.