Lingyuan Iron & Steel Co., Ltd. engages in the production, operation, and development of metallurgical products; and mining, washing, and deep processing of ferrous metal ores in China. The company offers hot-rolled round steel, rebars, medium and wide belts, wire rods, and welded steel pipes. It also exports its products to approximately more than 30 countries. The company is based in Lingyuan, China.
Lingyuan Iron & Steel Dividend Announcement
• Lingyuan Iron & Steel announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2022-04-27. Ex dividend date: 2022-04-27 • Lingyuan Iron & Steel's trailing twelve-month (TTM) dividend yield is -% • Lingyuan Iron & Steel's payout ratio for the trailing twelve months (TTM) is -3.42%
Lingyuan Iron & Steel current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Lingyuan Iron & Steel stock? Use our calculator to estimate your expected dividend yield:
Lingyuan Iron & Steel Financial Ratios
P/E ratio-3.31
PEG ratio-0.47
P/B ratio1.02
ROE-26.87%
Payout ratio-3.42%
Current ratio0.56
Quick ratio0.36
Cash Ratio0.27
Lingyuan Iron & Steel Dividend FAQ
How much is the next Lingyuan Iron & Steel dividend?
Lingyuan Iron & Steel's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Lingyuan Iron & Steel dividend. The next Lingyuan Iron & Steel dividend will be released in July.
When is Lingyuan Iron & Steel dividend paid?
Lingyuan Iron & Steel pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Lingyuan Iron & Steel pay?
The specific amount of Lingyuan Iron & Steel 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 Lingyuan Iron & Steel's dividend history.
Does Lingyuan Iron & Steel stock pay dividends?
Yes, Lingyuan Iron & Steel 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 Lingyuan Iron & Steel's dividend history.
How much dividend does Lingyuan Iron & Steel pay?
Lingyuan Iron & Steel paid ¥0.0 in 2024, ¥0.0 in 2023, ¥0.097 in 2022, ¥0.06 in 2021, and ¥0.049 in 2020.
How often does Lingyuan Iron & Steel pay dividends?
Lingyuan Iron & Steel 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 July.
What is Lingyuan Iron & Steel's dividend yield?
The current dividend yield for Lingyuan Iron & Steel is -%. 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 Lingyuan Iron & Steel's exact dividend yield.
When does Lingyuan Iron & Steel go ex dividend?
Lingyuan Iron & Steel's ex-dividend date for the latest dividend was on 2022-04-27. Lingyuan Iron & Steel 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 Lingyuan Iron & Steel dividend paid?
Lingyuan Iron & Steel pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Lingyuan Iron & Steel 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 Lingyuan Iron & Steel 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 Lingyuan Iron & Steel dividend per share?
Lingyuan Iron & Steel paid ¥0.0 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Lingyuan Iron & Steel 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 Lingyuan Iron & Steel 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 Lingyuan Iron & Steel 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 Lingyuan Iron & Steel a dividend stock?
Yes, Lingyuan Iron & Steel is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Lingyuan Iron & Steel a good dividend stock?
Whether Lingyuan Iron & Steel is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Lingyuan Iron & Steel has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Lingyuan Iron & Steel 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 Lingyuan Iron & Steel pay dividends monthly?
Lingyuan Iron & Steel typically pays dividends on a annually basis.
Does Lingyuan Iron & Steel pay dividends quarterly?
Lingyuan Iron & Steel currently pays dividends on a annually basis.
Has Lingyuan Iron & Steel ever paid a dividend?
Yes, Lingyuan Iron & Steel has a history of paying dividends to its shareholders. Lingyuan Iron & Steel is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Lingyuan Iron & Steel dividend stocks?
To buy Lingyuan Iron & Steel 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 Lingyuan Iron & Steel 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 Lingyuan Iron & Steel pay dividends 2024?
Lingyuan Iron & Steel pays dividends on a annually basis. 2024 dividend payments are in 2022-04-27. 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 Lingyuan Iron & Steel increase its dividend in 2024?
Decisions regarding Lingyuan Iron & Steel 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 Lingyuan Iron & Steel dividend overview you can look into the above table of dividend history.
How Lingyuan Iron & Steel dividend works?
The Lingyuan Iron & Steel 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 Lingyuan Iron & Steel's dividend process works:
1. Determination of Dividend: Lingyuan Iron & Steel'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, Lingyuan Iron & Steel 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, Lingyuan Iron & Steel 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 Lingyuan Iron & Steel 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 Lingyuan Iron & Steel dividends paid?
Lingyuan Iron & Steel dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Lingyuan Iron & Steel 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, Lingyuan Iron & Steel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lingyuan Iron & Steel 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 Lingyuan Iron & Steel pay dividends?
Lingyuan Iron & Steel 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 Lingyuan Iron & Steel pay dividends?
The general pattern is that Lingyuan Iron & Steel pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Lingyuan Iron & Steel dividend safe?
The safety of Lingyuan Iron & Steel'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 Lingyuan Iron & Steel'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 Lingyuan Iron & Steel'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.