company-logo

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 4.38%
Qingdao East Steel Tower Stock's payout ratio for the trailing twelve months (TTM) is 205.55%
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 dateDividend amountDividend typePay date
2024-07-12¥0.30annually2024-07-12
2023-05-30¥0.41annually2023-05-30
2022-07-05¥0.25annually2022-07-05
2021-07-14¥0.10annually2021-07-14
2020-07-16¥0.08annually2020-07-16
2019-07-12¥0.12annually2019-07-12
2018-06-12¥0.05annually2018-06-12
2017-08-01¥0.02annually2017-08-01
2016-06-08¥0.06annually
2015-10-19¥0.50annually
2015-06-10¥0.05annually
2014-07-01¥0.10annually
2013-06-21¥0.20annually

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 4.38%. 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

P/E ratio15.59
PEG ratio1.38
P/B ratio1.00
ROE6.36%
Payout ratio205.55%
Current ratio1.64
Quick ratio1.35
Cash Ratio0.89

Qingdao East Steel Tower Stock Dividend FAQ

How much is the next Qingdao East Steel Tower Stock dividend?
Qingdao East Steel Tower Stock's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Qingdao East Steel Tower Stock dividend. The next Qingdao East Steel Tower Stock dividend will be released in May.
When is Qingdao East Steel Tower Stock dividend paid?
Qingdao East Steel Tower Stock pays dividends on a 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 Qingdao East Steel Tower Stock pay?
The specific amount of Qingdao East Steel Tower Stock 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 Qingdao East Steel Tower Stock's dividend history.
Does Qingdao East Steel Tower Stock stock pay dividends?
Yes, Qingdao East Steel Tower Stock 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 Qingdao East Steel Tower Stock's dividend history.
How much dividend does Qingdao East Steel Tower Stock pay?
Qingdao East Steel Tower Stock paid ¥0.3 in 2024, ¥0.41 in 2023, ¥0.25 in 2022, ¥0.1 in 2021, and ¥0.08 in 2020.
How often does Qingdao East Steel Tower Stock pay dividends?
Qingdao East Steel Tower Stock 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 May.
What is Qingdao East Steel Tower Stock's dividend yield?
The current dividend yield for Qingdao East Steel Tower Stock is 4.38%. 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 Qingdao East Steel Tower Stock's exact dividend yield.
When does Qingdao East Steel Tower Stock go ex dividend?
Qingdao East Steel Tower Stock's ex-dividend date for the latest dividend was on 2024-07-12. Qingdao East Steel Tower Stock 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 Qingdao East Steel Tower Stock dividend paid?
Qingdao East Steel Tower Stock pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Qingdao East Steel Tower Stock 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 Qingdao East Steel Tower Stock 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 Qingdao East Steel Tower Stock dividend per share?
Qingdao East Steel Tower Stock paid ¥0.3 per share in 2024 and ¥0.41 per share in 2023. The amount of dividend per share that Qingdao East Steel Tower Stock 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 Qingdao East Steel Tower Stock 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 Qingdao East Steel Tower Stock 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 Qingdao East Steel Tower Stock a dividend stock?
Yes, Qingdao East Steel Tower Stock is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Qingdao East Steel Tower Stock a good dividend stock?
Whether Qingdao East Steel Tower Stock is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Qingdao East Steel Tower Stock has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Qingdao East Steel Tower Stock pay dividends monthly?
Qingdao East Steel Tower Stock typically pays dividends on a annually basis.
Does Qingdao East Steel Tower Stock pay dividends quarterly?
Qingdao East Steel Tower Stock currently pays dividends on a annually basis.
Has Qingdao East Steel Tower Stock ever paid a dividend?
Yes, Qingdao East Steel Tower Stock has a history of paying dividends to its shareholders. Qingdao East Steel Tower Stock is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Qingdao East Steel Tower Stock dividend stocks?
To buy Qingdao East Steel Tower Stock 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 Qingdao East Steel Tower Stock 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 Qingdao East Steel Tower Stock pay dividends 2024?
Qingdao East Steel Tower Stock pays dividends on a annually basis. 2024 dividend payments are in 2024-07-12. 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 Qingdao East Steel Tower Stock increase its dividend in 2024?
Decisions regarding Qingdao East Steel Tower Stock 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 Qingdao East Steel Tower Stock dividend overview you can look into the above table of dividend history.
How Qingdao East Steel Tower Stock dividend works?
The Qingdao East Steel Tower Stock 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 Qingdao East Steel Tower Stock's dividend process works:

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.
How are Qingdao East Steel Tower Stock dividends paid?
Qingdao East Steel Tower Stock dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Qingdao East Steel Tower Stock pay dividends?
Qingdao East Steel Tower Stock 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 Qingdao East Steel Tower Stock pay dividends?
The general pattern is that Qingdao East Steel Tower Stock 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 Qingdao East Steel Tower Stock dividend safe?
The safety of Qingdao East Steel Tower Stock'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 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.