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Shengtak New Material Co., Ltd engages in the research and development, production, and sale of seamless steel pipes for use in industrial energy equipment in China. The company offers alloy steel, stainless steel, and carbon steel pipes for use in power station boiler equipment manufacturing industries, petroleum refining, and other industries. It also produces and sells pressure-welded steel gratings and ball joint railings for power plant boiler manufacturers. The company was founded in 2001 and is based in Changzhou, China.

Shengtak New Material Dividend Announcement

Shengtak New Material announced a annually dividend of ¥0.55 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30
Shengtak New Material annual dividend for 2024 was ¥0.55
Shengtak New Material annual dividend for 2023 was ¥0.40
Shengtak New Material 's trailing twelve-month (TTM) dividend yield is 1.65%
Shengtak New Material 's payout ratio for the trailing twelve months (TTM) is 35.98%

Shengtak New Material Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-30¥0.55annually2024-05-30
2023-05-29¥0.40annually2023-05-29
2022-05-24¥0.10annually2022-05-24
2021-07-07¥0.13annually2021-07-07

Shengtak New Material Dividend per year

Shengtak New Material Dividend growth

Shengtak New Material Dividend Yield

Shengtak New Material current trailing twelve-month (TTM) dividend yield is 1.65%. Interested in purchasing Shengtak New Material stock? Use our calculator to estimate your expected dividend yield:

Shengtak New Material Financial Ratios

P/E ratio15.66
PEG ratio0.15
P/B ratio3.60
ROE24.64%
Payout ratio35.98%
Current ratio1.34
Quick ratio0.96
Cash Ratio0.17

Shengtak New Material Dividend FAQ

How much is the next Shengtak New Material dividend?
Shengtak New Material 's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shengtak New Material dividend. The next Shengtak New Material dividend will be released in May.
When is Shengtak New Material dividend paid?
Shengtak New Material 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 Shengtak New Material pay?
The specific amount of Shengtak New Material 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 Shengtak New Material 's dividend history.
Does Shengtak New Material stock pay dividends?
Yes, Shengtak New Material 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 Shengtak New Material 's dividend history.
How much dividend does Shengtak New Material pay?
Shengtak New Material paid ¥0.553 in 2024, ¥0.396 in 2023, ¥0.105 in 2022, ¥0.13 in 2021, and ¥0.0 in 2020.
How often does Shengtak New Material pay dividends?
Shengtak New Material 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 Shengtak New Material 's dividend yield?
The current dividend yield for Shengtak New Material is 1.65%. 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 Shengtak New Material 's exact dividend yield.
When does Shengtak New Material go ex dividend?
Shengtak New Material 's ex-dividend date for the latest dividend was on 2024-05-30. Shengtak New Material 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 Shengtak New Material dividend paid?
Shengtak New Material pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Shengtak New Material 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 Shengtak New Material 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 Shengtak New Material dividend per share?
Shengtak New Material paid ¥0.553 per share in 2024 and ¥0.396 per share in 2023. The amount of dividend per share that Shengtak New Material 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 Shengtak New Material 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 Shengtak New Material 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 Shengtak New Material a dividend stock?
Yes, Shengtak New Material is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shengtak New Material a good dividend stock?
Whether Shengtak New Material is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shengtak New Material has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Shengtak New Material 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 Shengtak New Material pay dividends monthly?
Shengtak New Material typically pays dividends on a annually basis.
Does Shengtak New Material pay dividends quarterly?
Shengtak New Material currently pays dividends on a annually basis.
Has Shengtak New Material ever paid a dividend?
Yes, Shengtak New Material has a history of paying dividends to its shareholders. Shengtak New Material is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shengtak New Material dividend stocks?
To buy Shengtak New Material 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 Shengtak New Material 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 Shengtak New Material pay dividends 2024?
Shengtak New Material pays dividends on a annually basis. 2024 dividend payments are in 2024-05-30. 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 Shengtak New Material increase its dividend in 2024?
Decisions regarding Shengtak New Material 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 Shengtak New Material dividend overview you can look into the above table of dividend history.
How Shengtak New Material dividend works?
The Shengtak New Material 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 Shengtak New Material 's dividend process works:

1. Determination of Dividend: Shengtak New Material '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, Shengtak New Material 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, Shengtak New Material 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 Shengtak New Material 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 Shengtak New Material dividends paid?
Shengtak New Material dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Shengtak New Material 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, Shengtak New Material distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Shengtak New Material 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 Shengtak New Material pay dividends?
Shengtak New Material 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 Shengtak New Material pay dividends?
The general pattern is that Shengtak New Material 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 Shengtak New Material dividend safe?
The safety of Shengtak New Material '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 Shengtak New Material '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 Shengtak New Material '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.