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Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. researches, develops, manufactures, and sells stainless steel and nickel alloy seamless pipes, welded pipes, fittings, and flanges in China and internationally. Its products are primarily used in the power station boiler, nuclear power, petroleum, petrochemical, chemical, coal chemical, salt chemical, LNG, photovoltaic power generation, solar thermal electric power generation, ship and ocean engineering, pressure vessel, and machinery manufacturing industries. The company was founded in 1970 and is based in Changzhou, China.

Jiangsu Wujin Stainless Steel Pipe Dividend Announcement

Jiangsu Wujin Stainless Steel Pipe announced a annually dividend of ¥0.53 per ordinary share which will be made payable on 2024-06-17. Ex dividend date: 2024-06-17
Jiangsu Wujin Stainless Steel Pipe annual dividend for 2024 was ¥0.53
Jiangsu Wujin Stainless Steel Pipe annual dividend for 2023 was ¥0.53
Jiangsu Wujin Stainless Steel Pipe's trailing twelve-month (TTM) dividend yield is 8.29%
Jiangsu Wujin Stainless Steel Pipe's payout ratio for the trailing twelve months (TTM) is 120.74%
Jiangsu Wujin Stainless Steel Pipe's dividend growth over the last five years (2018-2023) was 10.98% year

Jiangsu Wujin Stainless Steel Pipe Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-17¥0.53annually2024-06-17
2023-05-15¥0.53annually2023-05-15
2022-06-30¥0.27annually2022-06-30
2021-07-07¥0.27annually2021-07-07
2020-06-22¥0.70annually2020-06-22
2019-06-19¥0.60annually2019-06-19
2018-06-12¥0.32annually2018-06-12
2017-06-16¥0.18annually2017-06-16

Jiangsu Wujin Stainless Steel Pipe Dividend per year

Jiangsu Wujin Stainless Steel Pipe Dividend growth

Jiangsu Wujin Stainless Steel Pipe Dividend Yield

Jiangsu Wujin Stainless Steel Pipe current trailing twelve-month (TTM) dividend yield is 8.29%. Interested in purchasing Jiangsu Wujin Stainless Steel Pipe stock? Use our calculator to estimate your expected dividend yield:

Jiangsu Wujin Stainless Steel Pipe Financial Ratios

P/E ratio14.74
PEG ratio-2.23
P/B ratio1.38
ROE9.08%
Payout ratio120.74%
Current ratio3.06
Quick ratio1.99
Cash Ratio0.56

Jiangsu Wujin Stainless Steel Pipe Dividend FAQ

How much is the next Jiangsu Wujin Stainless Steel Pipe dividend?
Jiangsu Wujin Stainless Steel Pipe'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 Wujin Stainless Steel Pipe dividend. The next Jiangsu Wujin Stainless Steel Pipe dividend will be released in May.
When is Jiangsu Wujin Stainless Steel Pipe dividend paid?
Jiangsu Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe pay?
The specific amount of Jiangsu Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe's dividend history.
Does Jiangsu Wujin Stainless Steel Pipe stock pay dividends?
Yes, Jiangsu Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe's dividend history.
How much dividend does Jiangsu Wujin Stainless Steel Pipe pay?
Jiangsu Wujin Stainless Steel Pipe paid ¥0.53 in 2024, ¥0.532 in 2023, ¥0.27 in 2022, ¥0.27 in 2021, and ¥0.7 in 2020.
How often does Jiangsu Wujin Stainless Steel Pipe pay dividends?
Jiangsu Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe's dividend yield?
The current dividend yield for Jiangsu Wujin Stainless Steel Pipe is 8.29%. 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 Wujin Stainless Steel Pipe's exact dividend yield.
When does Jiangsu Wujin Stainless Steel Pipe go ex dividend?
Jiangsu Wujin Stainless Steel Pipe's ex-dividend date for the latest dividend was on 2024-06-17. Jiangsu Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe dividend paid?
Jiangsu Wujin Stainless Steel Pipe pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Jiangsu Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe dividend per share?
Jiangsu Wujin Stainless Steel Pipe paid ¥0.53 per share in 2024 and ¥0.532 per share in 2023. The amount of dividend per share that Jiangsu Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe a dividend stock?
Yes, Jiangsu Wujin Stainless Steel Pipe is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Jiangsu Wujin Stainless Steel Pipe a good dividend stock?
Whether Jiangsu Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Jiangsu Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe pay dividends monthly?
Jiangsu Wujin Stainless Steel Pipe typically pays dividends on a annually basis.
Does Jiangsu Wujin Stainless Steel Pipe pay dividends quarterly?
Jiangsu Wujin Stainless Steel Pipe currently pays dividends on a annually basis.
Has Jiangsu Wujin Stainless Steel Pipe ever paid a dividend?
Yes, Jiangsu Wujin Stainless Steel Pipe has a history of paying dividends to its shareholders. Jiangsu Wujin Stainless Steel Pipe is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Jiangsu Wujin Stainless Steel Pipe dividend stocks?
To buy Jiangsu Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe pay dividends 2024?
Jiangsu Wujin Stainless Steel Pipe pays dividends on a annually basis. 2024 dividend payments are in 2024-06-17. 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 Wujin Stainless Steel Pipe increase its dividend in 2024?
Decisions regarding Jiangsu Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe dividend overview you can look into the above table of dividend history.
How Jiangsu Wujin Stainless Steel Pipe dividend works?
The Jiangsu Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe's dividend process works:

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

1. Record Date: Jiangsu Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe pay dividends?
Jiangsu Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe pay dividends?
The general pattern is that Jiangsu Wujin Stainless Steel Pipe 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 Wujin Stainless Steel Pipe dividend safe?
The safety of Jiangsu Wujin Stainless Steel Pipe'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 Wujin Stainless Steel Pipe'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 Wujin Stainless Steel Pipe'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.