Shandong Yulong Gold Co., Ltd. produces and sells steel pipes in China and internationally. The company's products include submerged arc welded pipes, SAWH steel pipes, high frequency longitudinal resistance welded pipes, square and rectangular steel pipes, 3PP/3PE/FBE anticorrosive pipes, corrosion-resistant metallurgical composite bimetallic longitudinal welded pipes, and alloy-steel pipes. Its products are used in the areas of petroleum, petrochemical, natural gas, shale gas, pulp, water transportation, large steel structure, etc. The company is based in Wuxi, China. Shandong Yulong Gold Co., Ltd. is a subsidiary of Lhasa Zhihe Science and Technology Development Co., Ltd.
Shandong Yulong Gold Dividend Announcement
• Shandong Yulong Gold announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-07-05 • Shandong Yulong Gold annual dividend for 2024 was ¥0.05 • Shandong Yulong Gold annual dividend for 2023 was ¥0.04 • Shandong Yulong Gold's trailing twelve-month (TTM) dividend yield is 0.4% • Shandong Yulong Gold's payout ratio for the trailing twelve months (TTM) is 11.38%
Shandong Yulong Gold current trailing twelve-month (TTM) dividend yield is 0.4%. Interested in purchasing Shandong Yulong Gold stock? Use our calculator to estimate your expected dividend yield:
Shandong Yulong Gold Financial Ratios
P/E ratio25.89
PEG ratio4.17
P/B ratio2.77
ROE11.04%
Payout ratio11.38%
Current ratio1.47
Quick ratio1.45
Cash Ratio0.10
Shandong Yulong Gold Dividend FAQ
How much is the next Shandong Yulong Gold dividend?
Shandong Yulong Gold'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 Yulong Gold dividend. The next Shandong Yulong Gold dividend will be released in June.
When is Shandong Yulong Gold dividend paid?
Shandong Yulong Gold 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 Yulong Gold pay?
The specific amount of Shandong Yulong Gold 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 Yulong Gold's dividend history.
Does Shandong Yulong Gold stock pay dividends?
Yes, Shandong Yulong Gold 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 Yulong Gold's dividend history.
How much dividend does Shandong Yulong Gold pay?
Shandong Yulong Gold paid ¥0.05 in 2024, ¥0.035 in 2023, ¥0.064 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Shandong Yulong Gold pay dividends?
Shandong Yulong Gold 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 Yulong Gold's dividend yield?
The current dividend yield for Shandong Yulong Gold is 0.4%. 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 Yulong Gold's exact dividend yield.
When does Shandong Yulong Gold go ex dividend?
Shandong Yulong Gold's ex-dividend date for the latest dividend was on 2024-07-05. Shandong Yulong Gold 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 Yulong Gold dividend paid?
Shandong Yulong Gold pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Shandong Yulong Gold 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 Yulong Gold 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 Yulong Gold dividend per share?
Shandong Yulong Gold paid ¥0.05 per share in 2024 and ¥0.035 per share in 2023. The amount of dividend per share that Shandong Yulong Gold 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 Yulong Gold 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 Yulong Gold 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 Yulong Gold a dividend stock?
Yes, Shandong Yulong Gold is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shandong Yulong Gold a good dividend stock?
Whether Shandong Yulong Gold 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 Yulong Gold has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shandong Yulong Gold 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 Yulong Gold pay dividends monthly?
Shandong Yulong Gold typically pays dividends on a annually basis.
Does Shandong Yulong Gold pay dividends quarterly?
Shandong Yulong Gold currently pays dividends on a annually basis.
Has Shandong Yulong Gold ever paid a dividend?
Yes, Shandong Yulong Gold has a history of paying dividends to its shareholders. Shandong Yulong Gold is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shandong Yulong Gold dividend stocks?
To buy Shandong Yulong Gold 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 Yulong Gold 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 Yulong Gold pay dividends 2024?
Shandong Yulong Gold pays dividends on a annually basis. 2024 dividend payments are in 2024-07-05. 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 Yulong Gold increase its dividend in 2024?
Decisions regarding Shandong Yulong Gold 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 Yulong Gold dividend overview you can look into the above table of dividend history.
How Shandong Yulong Gold dividend works?
The Shandong Yulong Gold 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 Yulong Gold's dividend process works:
1. Determination of Dividend: Shandong Yulong Gold'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 Yulong Gold 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 Yulong Gold 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 Yulong Gold 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 Yulong Gold dividends paid?
Shandong Yulong Gold dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shandong Yulong Gold 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 Yulong Gold 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 Yulong Gold 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 Yulong Gold pay dividends?
Shandong Yulong Gold 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 Yulong Gold pay dividends?
The general pattern is that Shandong Yulong Gold 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 Yulong Gold dividend safe?
The safety of Shandong Yulong Gold'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 Yulong Gold'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 Yulong Gold'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.