Shanghai Baosteel Packaging Co., Ltd. engages in production of metal packaging. It provides two-piece film cans with easy open lids, printed iron products, and new material packaging products for food and beverage industries. The company was founded in 2004 and is based in Shanghai, China. Shanghai Baosteel Packaging Co., Ltd. is a subsidiary of Baosteel Metal Co., Ltd.
Shanghai Baosteel Packaging Dividend Announcement
• Shanghai Baosteel Packaging announced a semi annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-27 • Shanghai Baosteel Packaging annual dividend for 2024 was ¥0.14 • Shanghai Baosteel Packaging annual dividend for 2023 was ¥0.12 • Shanghai Baosteel Packaging's trailing twelve-month (TTM) dividend yield is 2.57% • Shanghai Baosteel Packaging's payout ratio for the trailing twelve months (TTM) is 183.51% • Shanghai Baosteel Packaging's dividend growth over the last five years (2018-2023) was 89.13% year
Shanghai Baosteel Packaging current trailing twelve-month (TTM) dividend yield is 2.57%. Interested in purchasing Shanghai Baosteel Packaging stock? Use our calculator to estimate your expected dividend yield:
Shanghai Baosteel Packaging Financial Ratios
P/E ratio36.00
PEG ratio8.84
P/B ratio1.65
ROE4.56%
Payout ratio183.51%
Current ratio0.83
Quick ratio0.60
Cash Ratio0.15
Shanghai Baosteel Packaging Dividend FAQ
How much is the next Shanghai Baosteel Packaging dividend?
Shanghai Baosteel Packaging's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shanghai Baosteel Packaging dividend. The next Shanghai Baosteel Packaging dividend will be released in June.
When is Shanghai Baosteel Packaging dividend paid?
Shanghai Baosteel Packaging pays dividends on a semi 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 Shanghai Baosteel Packaging pay?
The specific amount of Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging's dividend history.
Does Shanghai Baosteel Packaging stock pay dividends?
Yes, Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging's dividend history.
How much dividend does Shanghai Baosteel Packaging pay?
Shanghai Baosteel Packaging paid ¥0.14 in 2024, ¥0.121 in 2023, ¥0.12 in 2022, ¥0.071 in 2021, and ¥0.077 in 2020.
How often does Shanghai Baosteel Packaging pay dividends?
Shanghai Baosteel Packaging typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June.
What is Shanghai Baosteel Packaging's dividend yield?
The current dividend yield for Shanghai Baosteel Packaging is 2.57%. 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 Shanghai Baosteel Packaging's exact dividend yield.
When does Shanghai Baosteel Packaging go ex dividend?
Shanghai Baosteel Packaging's ex-dividend date for the latest dividend was on 2024-09-27. Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging dividend paid?
Shanghai Baosteel Packaging pays dividends on a semi annually basis, typically around June, but the exact dates can vary each year.
Will Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging dividend per share?
Shanghai Baosteel Packaging paid ¥0.14 per share in 2024 and ¥0.121 per share in 2023. The amount of dividend per share that Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging a dividend stock?
Yes, Shanghai Baosteel Packaging is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shanghai Baosteel Packaging a good dividend stock?
Whether Shanghai Baosteel Packaging is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shanghai Baosteel Packaging has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging pay dividends monthly?
Shanghai Baosteel Packaging typically pays dividends on a semi annually basis.
Does Shanghai Baosteel Packaging pay dividends quarterly?
Shanghai Baosteel Packaging currently pays dividends on a semi annually basis.
Has Shanghai Baosteel Packaging ever paid a dividend?
Yes, Shanghai Baosteel Packaging has a history of paying dividends to its shareholders. Shanghai Baosteel Packaging is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shanghai Baosteel Packaging dividend stocks?
To buy Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging pay dividends 2024?
Shanghai Baosteel Packaging pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-27. 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 Shanghai Baosteel Packaging increase its dividend in 2024?
Decisions regarding Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging dividend overview you can look into the above table of dividend history.
How Shanghai Baosteel Packaging dividend works?
The Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging's dividend process works:
1. Determination of Dividend: Shanghai Baosteel Packaging'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, Shanghai Baosteel Packaging 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, Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging dividends paid?
Shanghai Baosteel Packaging dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shanghai Baosteel Packaging 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, Shanghai Baosteel Packaging distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging pay dividends?
Shanghai Baosteel Packaging typically pays dividends on a semi 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 Shanghai Baosteel Packaging pay dividends?
The general pattern is that Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging dividend safe?
The safety of Shanghai Baosteel Packaging'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 Shanghai Baosteel Packaging'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 Shanghai Baosteel Packaging'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.