Shougang Century Holdings Limited, an investment holding company, manufactures and sells steel cords for use in radial tyres in the People's Republic of China. It also engages in the manufacture of sawing wires and hose wires under the Eastern brand. In addition, the company invests in properties, as well as provides management, investment trading, and consulting services. It exports its products to Europe, the Middle East, and Africa, as well as North America, South America, and rest of Asia. The company was formerly known as Shougang Concord Century Holdings Limited and changed its name to Shougang Century Holdings Limited in December 2021. Shougang Century Holdings Limited was incorporated in 1991 and is based in Chai Wan, Hong Kong.
Shougang Century Dividend Announcement
• Shougang Century announced a annually dividend of HK$0.01 per ordinary share which will be made payable on 2024-07-31. Ex dividend date: 2024-07-16
• Shougang Century annual dividend for 2024 was HK$0.01
• Shougang Century annual dividend for 2023 was HK$0.01
• Shougang Century's trailing twelve-month (TTM) dividend yield is 2.6%
• Shougang Century's payout ratio for the trailing twelve months (TTM) is 19.47%
Shougang Century Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-16 | HK$0.01 | annually | 2024-07-31 |
| 2023-07-14 | HK$0.01 | annually | 2023-07-31 |
| 2022-07-08 | HK$0.01 | annually | 2022-07-29 |
| 2021-06-18 | HK$0.01 | annually | 2021-07-09 |
| 2020-06-08 | HK$0.01 | annually | 2020-06-26 |
| 2011-05-13 | HK$0.01 | annually | |
| 2010-09-14 | HK$0.01 | annually | |
| 2010-06-02 | HK$0.01 | annually | |
| 2008-09-19 | HK$0.01 | annually | |
| 2008-06-02 | HK$0.01 | annually | |
| 2007-05-30 | HK$0.01 | annually | |
| 2005-06-06 | HK$0.01 | annually | |
| 2004-10-07 | HK$0.02 | annually | |
| 2004-06-01 | HK$0.02 | annually | |
| 2003-10-17 | HK$0.01 | annually |
Shougang Century Dividend per year
Shougang Century Dividend growth
Shougang Century Dividend Yield
Shougang Century current trailing twelve-month (TTM) dividend yield is 2.6%. Interested in purchasing Shougang Century stock? Use our calculator to estimate your expected dividend yield:
Shougang Century Financial Ratios
P/E ratio10.21
PEG ratio0.10
P/B ratio0.44
ROE4.34%
Payout ratio19.47%
Current ratio1.20
Quick ratio0.97
Cash Ratio0.09
Shougang Century Dividend FAQ
How much is the next Shougang Century dividend?
Shougang Century's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shougang Century dividend. The next Shougang Century dividend will be released in July.
When is Shougang Century dividend paid?
Shougang Century pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Shougang Century pay?
The specific amount of Shougang Century 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 Shougang Century's dividend history.
Does Shougang Century stock pay dividends?
Yes, Shougang Century 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 Shougang Century's dividend history.
How much dividend does Shougang Century pay?
Shougang Century paid HK$0.01 in 2024, HK$0.007 in 2023, HK$0.015 in 2022, HK$0.015 in 2021, and HK$0.01 in 2020.
How often does Shougang Century pay dividends?
Shougang Century 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 July.
What is Shougang Century's dividend yield?
The current dividend yield for Shougang Century is 2.6%. 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 Shougang Century's exact dividend yield.
When does Shougang Century go ex dividend?
Shougang Century's ex-dividend date for the latest dividend was on 2024-07-16. Shougang Century 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 Shougang Century dividend paid?
Shougang Century pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Shougang Century 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 Shougang Century 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 Shougang Century dividend per share?
Shougang Century paid HK$0.01 per share in 2024 and HK$0.007 per share in 2023. The amount of dividend per share that Shougang Century 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 Shougang Century 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 Shougang Century 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 Shougang Century a dividend stock?
Yes, Shougang Century is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shougang Century a good dividend stock?
Whether Shougang Century is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shougang Century has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shougang Century 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.
Other factors to consider when evaluating Shougang Century 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 Shougang Century pay dividends monthly?
Shougang Century typically pays dividends on a annually basis.
Does Shougang Century pay dividends quarterly?
Shougang Century currently pays dividends on a annually basis.
Has Shougang Century ever paid a dividend?
Yes, Shougang Century has a history of paying dividends to its shareholders. Shougang Century is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shougang Century dividend stocks?
To buy Shougang Century 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 Shougang Century 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.
Place an order: Use the brokerage's trading platform to place an order to buy Shougang Century 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 Shougang Century pay dividends 2024?
Shougang Century pays dividends on a annually basis. 2024 dividend payments are in 2024-07-31. 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 Shougang Century increase its dividend in 2024?
Decisions regarding Shougang Century 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 Shougang Century dividend overview you can look into the above table of dividend history.
How Shougang Century dividend works?
The Shougang Century 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 Shougang Century's dividend process works:
1. Determination of Dividend: Shougang Century'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, Shougang Century 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, Shougang Century 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 Shougang Century 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.
1. Determination of Dividend: Shougang Century'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, Shougang Century 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, Shougang Century 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 Shougang Century 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 Shougang Century dividends paid?
Shougang Century dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shougang Century 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, Shougang Century distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shougang Century 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.
1. Record Date: Shougang Century 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, Shougang Century distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shougang Century 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 Shougang Century pay dividends?
Shougang Century 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 Shougang Century pay dividends?
The general pattern is that Shougang Century pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Shougang Century dividend safe?
The safety of Shougang Century'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 Shougang Century'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 Shougang Century'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.
To assess the safety of Shougang Century'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 Shougang Century'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.