Puyang Refractories Group Co., Ltd. manufactures and sells refractory products for the steel industry worldwide. It offers refractory materials; functional refractories, including skateboard nozzles, three parts, seat bricks, and breathable bricks; shaped refractories, including ladle bricks and alkaline products; unshaped refractory materials, including bulk materials, impact plates, and slag baffles, electric furnace roofs; and other products. It exports its products to the Americas, Europe, the Commonwealth of Independent States, Southeast Asia, Africa, the Middle East, and internationally. The company was formerly known as Puyang Refractories Limited Company and changed its name to Puyang Refractories Group Co., Ltd. in June 2007. Puyang Refractories Group Co., Ltd. was founded in 1988 and is headquartered in Puyang, the People's Republic of China.
Puyang Refractories Dividend Announcement
• Puyang Refractories announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-06-20. Ex dividend date: 2024-06-20
• Puyang Refractories annual dividend for 2024 was ¥0.07
• Puyang Refractories annual dividend for 2023 was ¥0.06
• Puyang Refractories's trailing twelve-month (TTM) dividend yield is 1.83%
• Puyang Refractories's payout ratio for the trailing twelve months (TTM) is 100.77%
Puyang Refractories Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-20 | ¥0.07 | annually | 2024-06-20 |
2023-07-10 | ¥0.06 | annually | 2023-07-10 |
2022-07-07 | ¥0.05 | annually | 2022-07-07 |
2021-04-30 | ¥0.06 | annually | 2021-04-30 |
2020-05-21 | ¥0.07 | annually | 2020-05-21 |
2019-05-13 | ¥0.07 | annually | 2019-05-13 |
2017-05-26 | ¥0.02 | annually | 2017-05-26 |
2016-07-12 | ¥0.03 | annually | |
2015-05-29 | ¥0.05 | annually | |
2014-05-30 | ¥0.05 | annually | |
2013-05-09 | ¥0.05 | annually | |
2012-06-01 | ¥0.05 | annually |
Puyang Refractories Dividend per year
Puyang Refractories Dividend growth
Puyang Refractories Dividend Yield
Puyang Refractories current trailing twelve-month (TTM) dividend yield is 1.83%. Interested in purchasing Puyang Refractories stock? Use our calculator to estimate your expected dividend yield:
Puyang Refractories Financial Ratios
Puyang Refractories Dividend FAQ
Other factors to consider when evaluating Puyang Refractories 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: Puyang Refractories'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, Puyang Refractories 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, Puyang Refractories 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 Puyang Refractories 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: Puyang Refractories 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, Puyang Refractories distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Puyang Refractories 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 Puyang Refractories'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 Puyang Refractories'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.