Qingdao East Steel Tower Stock Co.Ltd manufactures and markets steel structures in the People's Republic of China. The company offers boiler steel brackets, pipe racks, torch towers, etc.; workshop steel structures, power plant air cooling platforms, boiler steel supports, large substation steel structures, high-voltage transmission line towers, and large spanning towers; and radio and TV towers, midwave antenna towers, and shortwave towers. It also provides microwave line towers, mobile, unicom communications towers, and long and medium short wave towers; high-rise buildings, stadiums, exhibition buildings, industrial plants, earthquake-resistant buildings, bridges and ships, etc.; and municipal bridges and traffic facilities, observation towers, water towers, large billboards, lamp posts, poles, etc. It also provides professional steel structure production equipment, such as H-beam steel products, beam boxes, intersection line cutting machines, etc. The company's products are applied in the fields of petrochemical, electric power, radio and television, communication, building steel structure, municipal, and other. Qingdao East Steel Tower Stock Co.Ltd was founded in 1982 and is headquartered in Jiaozhou, the People's Republic of China.
Qingdao East Steel Tower Stock Dividend Announcement
• Qingdao East Steel Tower Stock announced a annually dividend of ¥0.30 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-07-12
• Qingdao East Steel Tower Stock annual dividend for 2024 was ¥0.30
• Qingdao East Steel Tower Stock annual dividend for 2023 was ¥0.41
• Qingdao East Steel Tower Stock's trailing twelve-month (TTM) dividend yield is 4.34%
• Qingdao East Steel Tower Stock's payout ratio for the trailing twelve months (TTM) is 103.69%
• Qingdao East Steel Tower Stock's dividend growth over the last five years (2018-2023) was 52.32% year
• Qingdao East Steel Tower Stock's dividend growth over the last ten years (2013-2023) was 7.44% year
Qingdao East Steel Tower Stock Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-12 | ¥0.30 | annually | 2024-07-12 |
2023-05-30 | ¥0.41 | annually | 2023-05-30 |
2022-07-05 | ¥0.25 | annually | 2022-07-05 |
2021-07-14 | ¥0.10 | annually | 2021-07-14 |
2020-07-16 | ¥0.08 | annually | 2020-07-16 |
2019-07-12 | ¥0.12 | annually | 2019-07-12 |
2018-06-12 | ¥0.05 | annually | 2018-06-12 |
2017-08-01 | ¥0.02 | annually | 2017-08-01 |
2016-06-08 | ¥0.06 | annually | |
2015-10-19 | ¥0.50 | annually | |
2015-06-10 | ¥0.05 | annually | |
2014-07-01 | ¥0.10 | annually | |
2013-06-21 | ¥0.20 | annually |
Qingdao East Steel Tower Stock Dividend per year
Qingdao East Steel Tower Stock Dividend growth
Qingdao East Steel Tower Stock Dividend Yield
Qingdao East Steel Tower Stock current trailing twelve-month (TTM) dividend yield is 4.34%. Interested in purchasing Qingdao East Steel Tower Stock stock? Use our calculator to estimate your expected dividend yield:
Qingdao East Steel Tower Stock Financial Ratios
Qingdao East Steel Tower Stock Dividend FAQ
Other factors to consider when evaluating Qingdao East Steel Tower Stock 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: Qingdao East Steel Tower Stock'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, Qingdao East Steel Tower Stock 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, Qingdao East Steel Tower Stock 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 Qingdao East Steel Tower Stock 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: Qingdao East Steel Tower Stock 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, Qingdao East Steel Tower Stock distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Qingdao East Steel Tower Stock 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 Qingdao East Steel Tower Stock'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 Qingdao East Steel Tower Stock'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.