Shougang Fushan Resources Group Limited, an investment holding company, engages in the mining and exploration of coal resources, and production and sale of raw and clean coking coal in the People's Republic of China. The company owns and operates the Xingwu coal mine covering an area of approximately 11.6 square kilometers; the Jinjiazhuang coal mine covering an area of approximately 6.08 square kilometers; and the Zhaiyadi coal mine covering an area of approximately 13.9 square kilometers located in the Liulin County, Shanxi Province. It primarily serves steel manufacturers. The company was formerly known as Fushan International Energy Group Limited and changed its name to Shougang Fushan Resources Group Limited in May 2011. Shougang Fushan Resources Group Limited was incorporated in 1985 and is based in Wan Chai, Hong Kong.
Shougang Fushan Resources Dividend Announcement
• Shougang Fushan Resources announced a semi annually dividend of HK$0.09 per ordinary share which will be made payable on 2024-11-07. Ex dividend date: 2024-10-03
• Shougang Fushan Resources annual dividend for 2024 was HK$0.27
• Shougang Fushan Resources annual dividend for 2023 was HK$0.38
• Shougang Fushan Resources's trailing twelve-month (TTM) dividend yield is 12.71%
• Shougang Fushan Resources's payout ratio for the trailing twelve months (TTM) is 127.65%
• Shougang Fushan Resources's dividend growth over the last five years (2018-2023) was 21.08% year
• Shougang Fushan Resources's dividend growth over the last ten years (2013-2023) was 11.58% year
Shougang Fushan Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-03 | HK$0.09 | semi annually | 2024-11-07 |
2024-06-07 | HK$0.18 | semi annually | 2024-07-26 |
2023-09-28 | HK$0.10 | semi annually | 2023-11-09 |
2023-06-09 | HK$0.28 | semi annually | 2023-07-28 |
2022-09-29 | HK$0.15 | semi annually | 2022-11-04 |
2022-07-08 | HK$0.32 | semi annually | 2022-07-29 |
2021-09-29 | HK$0.08 | semi annually | 2021-10-28 |
2021-07-09 | HK$0.09 | semi annually | 2021-07-29 |
2020-09-29 | HK$0.07 | semi annually | 2020-10-22 |
2020-06-05 | HK$0.09 | semi annually | 2020-07-23 |
2019-09-18 | HK$0.09 | semi annually | 2019-10-30 |
2019-05-31 | HK$0.09 | semi annually | 2019-07-11 |
2018-09-07 | HK$0.08 | semi annually | 2018-10-19 |
2018-05-31 | HK$0.06 | semi annually | 2018-07-12 |
2017-09-08 | HK$0.03 | semi annually | 2017-10-20 |
2017-06-01 | HK$0.03 | semi annually | 2017-07-05 |
2016-09-09 | HK$0.15 | semi annually | |
2016-07-04 | HK$0.05 | semi annually | |
2016-06-23 | HK$0.05 | semi annually | |
2015-09-14 | HK$0.15 | semi annually | |
2015-05-27 | HK$0.03 | semi annually | |
2014-09-12 | HK$0.01 | semi annually | |
2014-06-10 | HK$0.08 | semi annually | |
2013-09-12 | HK$0.03 | semi annually | |
2013-06-21 | HK$0.10 | semi annually |
Shougang Fushan Resources Dividend per year
Shougang Fushan Resources Dividend growth
Shougang Fushan Resources Dividend Yield
Shougang Fushan Resources current trailing twelve-month (TTM) dividend yield is 12.71%. Interested in purchasing Shougang Fushan Resources stock? Use our calculator to estimate your expected dividend yield:
Shougang Fushan Resources Financial Ratios
Shougang Fushan Resources Dividend FAQ
Other factors to consider when evaluating Shougang Fushan Resources 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.
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1. Determination of Dividend: Shougang Fushan Resources'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 Fushan Resources 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 Fushan Resources 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 Fushan Resources 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. Record Date: Shougang Fushan Resources 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 Fushan Resources 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 Fushan Resources 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.
To assess the safety of Shougang Fushan Resources'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 Fushan Resources'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.