Maanshan Iron & Steel Company Limited, together with its subsidiaries, manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally. It offers steel plates, including hot and cold-rolled thin plates, galvanized plates, coil-coating plates, and medium plates; section steel products comprising H-shaped steel and medium-shaped steel; high-speed wire rod and hot-rolled reinforcing steel products; and rain wheels and wheel rims. It also engages in the production and distribution of ferrous metallurgy, screw threaded steels, round and section steels, angle and deformed steels, wires, and rods; sales, imports, and exports of iron ore, iron ore fines, and scrap steel; metallurgy and extended processing of ferrous metals; production and sales of coke and coke chemical products and energy; production and distribution of metallic products; design, research and development, manufacturing, maintenance, and sales of rail wheels, axles, wheel sets, bogies, and other rail equipment; trading of steel products and pig iron; and investment and trading businesses. The company was founded in 1953 and is headquartered in Maanshan, the People's Republic of China.
Maanshan Iron & Steel Dividend Announcement
• Maanshan Iron & Steel announced a annually dividend of $0.00 per ordinary share which will be made payable on 2023-07-14. Ex dividend date: 2023-06-21
• Maanshan Iron & Steel annual dividend for 2023 was $0.00
• Maanshan Iron & Steel's trailing twelve-month (TTM) dividend yield is -%
• Maanshan Iron & Steel's payout ratio for the trailing twelve months (TTM) is -27.45%
• Maanshan Iron & Steel's dividend growth over the last five years (2018-2023) was -38.77% year
Maanshan Iron & Steel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-06-21 | $0.00 | annually | 2023-07-14 |
2022-06-27 | $0.05 | annually | 2022-07-21 |
2021-07-06 | $0.02 | annually | 2021-07-29 |
2021-06-23 | $0.13 | annually | |
2020-07-02 | $0.01 | annually | 2020-07-29 |
2019-06-17 | $0.05 | annually | 2019-07-12 |
2018-11-26 | $0.01 | annually | 2018-12-21 |
2018-07-11 | $0.03 | annually | 2018-08-15 |
2011-05-13 | $0.05 | annually | |
2010-05-06 | $0.04 | annually | |
2005-05-11 | $0.21 | annually | |
2004-04-28 | $0.21 | annually |
Maanshan Iron & Steel Dividend per year
Maanshan Iron & Steel Dividend growth
Maanshan Iron & Steel Dividend Yield
Maanshan Iron & Steel current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Maanshan Iron & Steel stock? Use our calculator to estimate your expected dividend yield:
Maanshan Iron & Steel Financial Ratios
Maanshan Iron & Steel Dividend FAQ
Other factors to consider when evaluating Maanshan 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.
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1. Determination of Dividend: Maanshan 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, Maanshan 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, Maanshan 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 Maanshan 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.
1. Record Date: Maanshan 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, Maanshan 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: Maanshan 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.
To assess the safety of Maanshan 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 Maanshan 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.