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Nanjing Iron & Steel Co., Ltd. produces and sells steel products in China, Europe, South Korea, India, the Middle East, and Southeast Asia. Its products are used in various applications, including deep water double rig semi-submersible combustible ice drilling platforms, nuclear power projects, heavy self-propelled cutter suction vessels, hydraulic excavators, bridges, LNG projects, natural gas pipeline projects, LNG storage tanks, drill pipe joints, and engineering applications. Nanjing Iron & Steel Co., Ltd. was incorporated in 1999 and is based in Nanjing, China.

Nanjing Iron & Steel Dividend Announcement

Nanjing Iron & Steel announced a semi annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-09-24. Ex dividend date: 2024-09-24
Nanjing Iron & Steel annual dividend for 2024 was ¥0.35
Nanjing Iron & Steel annual dividend for 2023 was ¥0.25
Nanjing Iron & Steel's trailing twelve-month (TTM) dividend yield is 7.22%
Nanjing Iron & Steel's payout ratio for the trailing twelve months (TTM) is 148.94%
Nanjing Iron & Steel's dividend growth over the last five years (2018-2023) was 37.97% year

Nanjing Iron & Steel Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-24¥0.10semi annually2024-09-24
2024-05-10¥0.25semi annually2024-05-10
2023-05-08¥0.25semi annually2023-05-08
2022-05-10¥0.30semi annually2022-05-10
2021-05-13¥0.25semi annually2021-05-13
2020-05-13¥0.30semi annually2020-05-13
2019-04-26¥0.30semi annually2019-04-26
2018-05-07¥0.05semi annually2018-05-07
2012-05-17¥0.07semi annually
2011-10-13¥0.20semi annually
2010-05-19¥0.04semi annually
2009-06-09¥0.04semi annually
2008-05-16¥0.18semi annually

Nanjing Iron & Steel Dividend per year

Nanjing Iron & Steel Dividend growth

Nanjing Iron & Steel Dividend Yield

Nanjing Iron & Steel current trailing twelve-month (TTM) dividend yield is 7.22%. Interested in purchasing Nanjing Iron & Steel stock? Use our calculator to estimate your expected dividend yield:

Nanjing Iron & Steel Financial Ratios

P/E ratio12.62
PEG ratio3.37
P/B ratio1.17
ROE9.04%
Payout ratio148.94%
Current ratio0.86
Quick ratio0.61
Cash Ratio0.14

Nanjing Iron & Steel Dividend FAQ

How much is the next Nanjing Iron & Steel dividend?
Nanjing 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 Nanjing Iron & Steel dividend. The next Nanjing Iron & Steel dividend will be released in May.
When is Nanjing Iron & Steel dividend paid?
Nanjing Iron & Steel pays dividends on a semi 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 Nanjing Iron & Steel pay?
The specific amount of Nanjing 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 Nanjing Iron & Steel's dividend history.
Does Nanjing Iron & Steel stock pay dividends?
Yes, Nanjing 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 Nanjing Iron & Steel's dividend history.
How much dividend does Nanjing Iron & Steel pay?
Nanjing Iron & Steel paid ¥0.35 in 2024, ¥0.25 in 2023, ¥0.3 in 2022, ¥0.25 in 2021, and ¥0.3 in 2020.
How often does Nanjing Iron & Steel pay dividends?
Nanjing Iron & Steel typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around May.
What is Nanjing Iron & Steel's dividend yield?
The current dividend yield for Nanjing Iron & Steel is 7.22%. 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 Nanjing Iron & Steel's exact dividend yield.
When does Nanjing Iron & Steel go ex dividend?
Nanjing Iron & Steel's ex-dividend date for the latest dividend was on 2024-09-24. Nanjing 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 Nanjing Iron & Steel dividend paid?
Nanjing Iron & Steel pays dividends on a semi annually basis, typically around May, but the exact dates can vary each year.
Will Nanjing 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 Nanjing 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 Nanjing Iron & Steel dividend per share?
Nanjing Iron & Steel paid ¥0.35 per share in 2024 and ¥0.25 per share in 2023. The amount of dividend per share that Nanjing 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 Nanjing 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 Nanjing 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 Nanjing Iron & Steel a dividend stock?
Yes, Nanjing 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 Nanjing Iron & Steel a good dividend stock?
Whether Nanjing 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. Nanjing Iron & Steel has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Nanjing 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 Nanjing Iron & Steel pay dividends monthly?
Nanjing Iron & Steel typically pays dividends on a semi annually basis.
Does Nanjing Iron & Steel pay dividends quarterly?
Nanjing Iron & Steel currently pays dividends on a semi annually basis.
Has Nanjing Iron & Steel ever paid a dividend?
Yes, Nanjing Iron & Steel has a history of paying dividends to its shareholders. Nanjing Iron & Steel is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Nanjing Iron & Steel dividend stocks?
To buy Nanjing 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 Nanjing 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 Nanjing Iron & Steel pay dividends 2024?
Nanjing Iron & Steel pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-24. 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 Nanjing Iron & Steel increase its dividend in 2024?
Decisions regarding Nanjing 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 Nanjing Iron & Steel dividend overview you can look into the above table of dividend history.
How Nanjing Iron & Steel dividend works?
The Nanjing 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 Nanjing Iron & Steel's dividend process works:

1. Determination of Dividend: Nanjing 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, Nanjing 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, Nanjing 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 Nanjing 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 Nanjing Iron & Steel dividends paid?
Nanjing Iron & Steel dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Nanjing 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, Nanjing 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: Nanjing 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 Nanjing Iron & Steel pay dividends?
Nanjing Iron & Steel typically pays dividends on a semi 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 Nanjing Iron & Steel pay dividends?
The general pattern is that Nanjing Iron & Steel 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 Nanjing Iron & Steel dividend safe?
The safety of Nanjing 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 Nanjing 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 Nanjing 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.