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Shandong Iron and Steel Company Ltd. provides iron and steel products in China, the United States, the United Kingdom, Germany, India, Japan, South Korea, and internationally. The company offers steel plates, hot-rolled coils, cold-rolled coils, H- beams, hot-rolled ribbed steel bars, and steel products. Its products are used in automobiles, petroleum, railways, bridges, construction, electricity, transportation, machinery, shipbuilding, home appliances, and light industries. Shandong Iron and Steel Company Ltd. was founded in 2008 and is headquartered in Jinan, China. Shandong Iron and Steel Company Ltd. operates as a subsidiary of Shandong Iron & Steel Group Co., Ltd.

Shandong Iron and Steel Dividend Announcement

Shandong Iron and Steel announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2023-06-14. Ex dividend date: 2023-06-14
Shandong Iron and Steel annual dividend for 2023 was ¥0.03
Shandong Iron and Steel's trailing twelve-month (TTM) dividend yield is -%
Shandong Iron and Steel's payout ratio for the trailing twelve months (TTM) is -24.42%

Shandong Iron and Steel Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-06-14¥0.03annually2023-06-14
2022-06-10¥0.06annually2022-06-10
2021-06-17¥0.04annually2021-06-17
2009-04-23¥0.09annually
2008-04-24¥0.60annually
2007-06-28¥0.30annually
2006-06-23¥0.40annually
2005-05-27¥0.50annually

Shandong Iron and Steel Dividend per year

Shandong Iron and Steel Dividend growth

Shandong Iron and Steel Dividend Yield

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

Shandong Iron and Steel Financial Ratios

P/E ratio-10.59
PEG ratio-0.02
P/B ratio0.82
ROE-7.44%
Payout ratio-24.42%
Current ratio0.49
Quick ratio0.33
Cash Ratio0.21

Shandong Iron and Steel Dividend FAQ

How much is the next Shandong Iron and Steel dividend?
Shandong Iron and 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 Shandong Iron and Steel dividend. The next Shandong Iron and Steel dividend will be released in June.
When is Shandong Iron and Steel dividend paid?
Shandong Iron and Steel pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Shandong Iron and Steel pay?
The specific amount of Shandong Iron and 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 Shandong Iron and Steel's dividend history.
Does Shandong Iron and Steel stock pay dividends?
Yes, Shandong Iron and 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 Shandong Iron and Steel's dividend history.
How much dividend does Shandong Iron and Steel pay?
Shandong Iron and Steel paid ¥0.0 in 2024, ¥0.03 in 2023, ¥0.06 in 2022, ¥0.04 in 2021, and ¥0.0 in 2020.
How often does Shandong Iron and Steel pay dividends?
Shandong Iron and Steel 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 June.
What is Shandong Iron and Steel's dividend yield?
The current dividend yield for Shandong Iron and Steel is -%. 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 Shandong Iron and Steel's exact dividend yield.
When does Shandong Iron and Steel go ex dividend?
Shandong Iron and Steel's ex-dividend date for the latest dividend was on 2023-06-14. Shandong Iron and 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 Shandong Iron and Steel dividend paid?
Shandong Iron and Steel pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Shandong Iron and 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 Shandong Iron and 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 Shandong Iron and Steel dividend per share?
Shandong Iron and Steel paid ¥0.0 per share in 2024 and ¥0.03 per share in 2023. The amount of dividend per share that Shandong Iron and 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 Shandong Iron and 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 Shandong Iron and 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 Shandong Iron and Steel a dividend stock?
Yes, Shandong Iron and Steel is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shandong Iron and Steel a good dividend stock?
Whether Shandong Iron and 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. Shandong Iron and Steel has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Shandong Iron and 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 Shandong Iron and Steel pay dividends monthly?
Shandong Iron and Steel typically pays dividends on a annually basis.
Does Shandong Iron and Steel pay dividends quarterly?
Shandong Iron and Steel currently pays dividends on a annually basis.
Has Shandong Iron and Steel ever paid a dividend?
Yes, Shandong Iron and Steel has a history of paying dividends to its shareholders. Shandong Iron and Steel is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shandong Iron and Steel dividend stocks?
To buy Shandong Iron and 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 Shandong Iron and 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 Shandong Iron and Steel pay dividends 2024?
Shandong Iron and Steel pays dividends on a annually basis. 2024 dividend payments are in 2023-06-14. 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 Shandong Iron and Steel increase its dividend in 2024?
Decisions regarding Shandong Iron and 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 Shandong Iron and Steel dividend overview you can look into the above table of dividend history.
How Shandong Iron and Steel dividend works?
The Shandong Iron and 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 Shandong Iron and Steel's dividend process works:

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

1. Record Date: Shandong Iron and 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, Shandong Iron and 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: Shandong Iron and 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 Shandong Iron and Steel pay dividends?
Shandong Iron and Steel 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 Shandong Iron and Steel pay dividends?
The general pattern is that Shandong Iron and Steel pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Shandong Iron and Steel dividend safe?
The safety of Shandong Iron and 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 Shandong Iron and 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 Shandong Iron and 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.