Shanxi Coking Co., Ltd. engages in the production and sale of coke and coke products in China. It offers methanol, carbon black, ammonium sulfate, industrial naphthalene, modified asphalt, pure benzene, etc.; and metallurgical coke and by-products. The company was founded in 1996 and is headquartered in Linfen, China. Shanxi Coking Co., Ltd. operates as a subsidiary of Shanxi Coking Group Co., Ltd.
Shanxi Coking Dividend Announcement
• Shanxi Coking announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-06-20. Ex dividend date: 2024-06-20 • Shanxi Coking annual dividend for 2024 was ¥0.05 • Shanxi Coking annual dividend for 2023 was ¥0.20 • Shanxi Coking's trailing twelve-month (TTM) dividend yield is 1.2% • Shanxi Coking's payout ratio for the trailing twelve months (TTM) is 316.81%
Shanxi Coking current trailing twelve-month (TTM) dividend yield is 1.2%. Interested in purchasing Shanxi Coking stock? Use our calculator to estimate your expected dividend yield:
Shanxi Coking Financial Ratios
P/E ratio43.30
PEG ratio-0.87
P/B ratio0.70
ROE1.62%
Payout ratio316.81%
Current ratio0.22
Quick ratio0.17
Cash Ratio0.12
Shanxi Coking Dividend FAQ
How much is the next Shanxi Coking dividend?
Shanxi Coking's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shanxi Coking dividend. The next Shanxi Coking dividend will be released in May.
When is Shanxi Coking dividend paid?
Shanxi Coking 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 Shanxi Coking pay?
The specific amount of Shanxi Coking 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 Shanxi Coking's dividend history.
Does Shanxi Coking stock pay dividends?
Yes, Shanxi Coking 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 Shanxi Coking's dividend history.
How much dividend does Shanxi Coking pay?
Shanxi Coking paid ¥0.05 in 2024, ¥0.2 in 2023, ¥0.15 in 2022, ¥0.154 in 2021, and ¥0.13 in 2020.
How often does Shanxi Coking pay dividends?
Shanxi Coking 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 Shanxi Coking's dividend yield?
The current dividend yield for Shanxi Coking is 1.2%. 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 Shanxi Coking's exact dividend yield.
When does Shanxi Coking go ex dividend?
Shanxi Coking's ex-dividend date for the latest dividend was on 2024-06-20. Shanxi Coking 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 Shanxi Coking dividend paid?
Shanxi Coking pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Shanxi Coking 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 Shanxi Coking 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 Shanxi Coking dividend per share?
Shanxi Coking paid ¥0.05 per share in 2024 and ¥0.2 per share in 2023. The amount of dividend per share that Shanxi Coking 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 Shanxi Coking 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 Shanxi Coking 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 Shanxi Coking a dividend stock?
Yes, Shanxi Coking is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shanxi Coking a good dividend stock?
Whether Shanxi Coking is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shanxi Coking has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shanxi Coking 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 Shanxi Coking pay dividends monthly?
Shanxi Coking typically pays dividends on a annually basis.
Does Shanxi Coking pay dividends quarterly?
Shanxi Coking currently pays dividends on a annually basis.
Has Shanxi Coking ever paid a dividend?
Yes, Shanxi Coking has a history of paying dividends to its shareholders. Shanxi Coking is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shanxi Coking dividend stocks?
To buy Shanxi Coking 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 Shanxi Coking 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 Shanxi Coking pay dividends 2024?
Shanxi Coking pays dividends on a annually basis. 2024 dividend payments are in 2024-06-20. 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 Shanxi Coking increase its dividend in 2024?
Decisions regarding Shanxi Coking 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 Shanxi Coking dividend overview you can look into the above table of dividend history.
How Shanxi Coking dividend works?
The Shanxi Coking 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 Shanxi Coking's dividend process works:
1. Determination of Dividend: Shanxi Coking'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, Shanxi Coking 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, Shanxi Coking 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 Shanxi Coking 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 Shanxi Coking dividends paid?
Shanxi Coking dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shanxi Coking 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, Shanxi Coking distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shanxi Coking 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 Shanxi Coking pay dividends?
Shanxi Coking 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 Shanxi Coking pay dividends?
The general pattern is that Shanxi Coking 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 Shanxi Coking dividend safe?
The safety of Shanxi Coking'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 Shanxi Coking'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 Shanxi Coking'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.