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Shanxi Taigang Stainless Steel Co., Ltd. engages in the production and sales of iron and steel in China and internationally. The company's products include stainless steel, cold-rolled silicon steel, carbon steel hot-rolled coils, train axle steel, alloy die steel, military steel, etc.; and electromagnetic pure iron, ultra-pure ferrite, dual-phase steel, high-carbon martensite, non-magnetic steel, railway passenger and freight car steel, and train axle steel. It also offers steel materials, billets, steel ingots, ferrous metals, ferroalloys, and metal products; and soft stainless steel precision foil, pen-tip steel, high-manganese and high-nitrogen stainless steel, and third-generation extruded stainless steel C-shaped steel for nuclear power industry. In addition, the company is involved in trade, import, and export of raw and auxiliary materials required for steel production. Its products are used in petroleum, chemical, shipbuilding, container, railway, automobile, urban light rail, power station, spacecraft, and other industries. The company was founded in 1998 and is based in Taiyuan, China. Shanxi Taigang Stainless Steel Co., Ltd. is a subsidiary of Taiyuan Iron & Steel (Group) Co., Ltd.

Shanxi Taigang Stainless Steel Dividend Announcement

Shanxi Taigang Stainless Steel announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2023-06-01. Ex dividend date: 2023-06-01
Shanxi Taigang Stainless Steel annual dividend for 2023 was ¥0.03
Shanxi Taigang Stainless Steel's trailing twelve-month (TTM) dividend yield is -%
Shanxi Taigang Stainless Steel's payout ratio for the trailing twelve months (TTM) is -56.83%
Shanxi Taigang Stainless Steel's dividend growth over the last five years (2018-2023) was -36.54% year

Shanxi Taigang Stainless Steel Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-06-01¥0.03annually2023-06-01
2022-06-29¥0.06annually2022-06-29
2021-11-25¥0.59annually2021-11-25
2021-06-02¥0.15annually2021-06-02
2020-05-28¥0.10annually2020-05-28
2019-06-03¥0.10annually2019-06-03
2018-07-10¥0.24annually2018-07-10
2017-06-27¥0.02annually2017-06-27
2014-06-24¥0.03annually
2013-07-03¥0.05annually
2012-06-27¥0.05annually
2011-06-22¥0.10annually
2010-06-25¥0.10annually

Shanxi Taigang Stainless Steel Dividend per year

Shanxi Taigang Stainless Steel Dividend growth

Shanxi Taigang Stainless Steel Dividend Yield

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

Shanxi Taigang Stainless Steel Financial Ratios

P/E ratio-50.30
PEG ratio-0.19
P/B ratio0.67
ROE-1.32%
Payout ratio-56.83%
Current ratio0.91
Quick ratio0.49
Cash Ratio0.37

Shanxi Taigang Stainless Steel Dividend FAQ

How much is the next Shanxi Taigang Stainless Steel dividend?
Shanxi Taigang Stainless 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 Shanxi Taigang Stainless Steel dividend. The next Shanxi Taigang Stainless Steel dividend will be released in June.
When is Shanxi Taigang Stainless Steel dividend paid?
Shanxi Taigang Stainless 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 Shanxi Taigang Stainless Steel pay?
The specific amount of Shanxi Taigang Stainless 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 Shanxi Taigang Stainless Steel's dividend history.
Does Shanxi Taigang Stainless Steel stock pay dividends?
Yes, Shanxi Taigang Stainless 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 Shanxi Taigang Stainless Steel's dividend history.
How much dividend does Shanxi Taigang Stainless Steel pay?
Shanxi Taigang Stainless Steel paid ¥0.0 in 2024, ¥0.025 in 2023, ¥0.06 in 2022, ¥0.739 in 2021, and ¥0.1 in 2020.
How often does Shanxi Taigang Stainless Steel pay dividends?
Shanxi Taigang Stainless 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 Shanxi Taigang Stainless Steel's dividend yield?
The current dividend yield for Shanxi Taigang Stainless 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 Shanxi Taigang Stainless Steel's exact dividend yield.
When does Shanxi Taigang Stainless Steel go ex dividend?
Shanxi Taigang Stainless Steel's ex-dividend date for the latest dividend was on 2023-06-01. Shanxi Taigang Stainless 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 Shanxi Taigang Stainless Steel dividend paid?
Shanxi Taigang Stainless Steel pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Shanxi Taigang Stainless 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 Shanxi Taigang Stainless 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 Shanxi Taigang Stainless Steel dividend per share?
Shanxi Taigang Stainless Steel paid ¥0.0 per share in 2024 and ¥0.025 per share in 2023. The amount of dividend per share that Shanxi Taigang Stainless 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 Shanxi Taigang Stainless 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 Shanxi Taigang Stainless 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 Shanxi Taigang Stainless Steel a dividend stock?
Yes, Shanxi Taigang Stainless Steel is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shanxi Taigang Stainless Steel a good dividend stock?
Whether Shanxi Taigang Stainless 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. Shanxi Taigang Stainless Steel has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Shanxi Taigang Stainless 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 Shanxi Taigang Stainless Steel pay dividends monthly?
Shanxi Taigang Stainless Steel typically pays dividends on a annually basis.
Does Shanxi Taigang Stainless Steel pay dividends quarterly?
Shanxi Taigang Stainless Steel currently pays dividends on a annually basis.
Has Shanxi Taigang Stainless Steel ever paid a dividend?
Yes, Shanxi Taigang Stainless Steel has a history of paying dividends to its shareholders. Shanxi Taigang Stainless Steel is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shanxi Taigang Stainless Steel dividend stocks?
To buy Shanxi Taigang Stainless 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 Shanxi Taigang Stainless 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 Shanxi Taigang Stainless Steel pay dividends 2024?
Shanxi Taigang Stainless Steel pays dividends on a annually basis. 2024 dividend payments are in 2023-06-01. 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 Taigang Stainless Steel increase its dividend in 2024?
Decisions regarding Shanxi Taigang Stainless 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 Shanxi Taigang Stainless Steel dividend overview you can look into the above table of dividend history.
How Shanxi Taigang Stainless Steel dividend works?
The Shanxi Taigang Stainless 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 Shanxi Taigang Stainless Steel's dividend process works:

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

1. Record Date: Shanxi Taigang Stainless 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, Shanxi Taigang Stainless 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: Shanxi Taigang Stainless 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 Shanxi Taigang Stainless Steel pay dividends?
Shanxi Taigang Stainless 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 Shanxi Taigang Stainless Steel pay dividends?
The general pattern is that Shanxi Taigang Stainless 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 Shanxi Taigang Stainless Steel dividend safe?
The safety of Shanxi Taigang Stainless 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 Shanxi Taigang Stainless 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 Shanxi Taigang Stainless 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.