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Sinosteel Engineering & Technology Co., Ltd., through its subsidiary, Sinosteel Equipment & Engineering Co., Ltd., focuses on the industrial engineering and service, municipal engineering and investment, energy saving and environment protection, and high-tech businesses. The company is involved in the development, processing, and utilization of ferrous, non-ferrous, and non-metallic mining resources; and construction and operation of coal-fired, gas-fired, hydropower, wind power solar power, waste incineration, biomass, power grid projects. It also produces clean energy, and reduces environmental pollution in coal chemical industry; and offers metallurgical equipment and spare parts, as well as undertakes projects for steel producers. In addition, the company is involved in the public infrastructure and environmental protection facility projects, including road, bridge, municipal sewage, and solid waste treatment; urban rail transit; and carbon trading and management activities. Further, it engages in the 3D printing, integrating manufacturing, equipment research and development, and technical, as well as metal parts restore and remanufacturing, and industrial intelligent system activities. The company was formerly known as Sinosteel Jilin Carbon Co., Ltd. and changed its name to Sinosteel Engineering & Technology Co., Ltd. in September 2014. The company was founded in 1972 and is headquartered in Beijing, China. Sinosteel Engineering & Technology Co., Ltd. operates as a subsidiary of Sinosteel Corporation.

Sinosteel Engineering & Technology Dividend Announcement

Sinosteel Engineering & Technology announced a annually dividend of ¥0.27 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06
Sinosteel Engineering & Technology annual dividend for 2024 was ¥0.27
Sinosteel Engineering & Technology annual dividend for 2023 was ¥0.25
Sinosteel Engineering & Technology's trailing twelve-month (TTM) dividend yield is 3.86%
Sinosteel Engineering & Technology's payout ratio for the trailing twelve months (TTM) is 80.79%
Sinosteel Engineering & Technology's dividend growth over the last five years (2018-2023) was 15.35% year

Sinosteel Engineering & Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-06¥0.27annually2024-06-06
2023-06-06¥0.25annually2023-06-06
2022-10-19¥0.10annually2022-10-19
2022-05-20¥0.15annually2022-05-20
2021-09-24¥0.10annually2021-09-24
2021-04-30¥0.14annually2021-04-30
2020-06-12¥0.13annually2020-06-12
2019-06-12¥0.12annually2019-06-12
2018-05-18¥0.12annually2018-05-18
2017-05-19¥0.05annually2017-05-19
2001-06-14¥0.15annually
1999-08-13¥0.19annually

Sinosteel Engineering & Technology Dividend per year

Sinosteel Engineering & Technology Dividend growth

Sinosteel Engineering & Technology Dividend Yield

Sinosteel Engineering & Technology current trailing twelve-month (TTM) dividend yield is 3.86%. Interested in purchasing Sinosteel Engineering & Technology stock? Use our calculator to estimate your expected dividend yield:

Sinosteel Engineering & Technology Financial Ratios

P/E ratio11.14
PEG ratio-0.21
P/B ratio1.24
ROE11.33%
Payout ratio80.79%
Current ratio1.04
Quick ratio0.94
Cash Ratio0.30

Sinosteel Engineering & Technology Dividend FAQ

How much is the next Sinosteel Engineering & Technology dividend?
Sinosteel Engineering & Technology's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sinosteel Engineering & Technology dividend. The next Sinosteel Engineering & Technology dividend will be released in June.
When is Sinosteel Engineering & Technology dividend paid?
Sinosteel Engineering & Technology 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 Sinosteel Engineering & Technology pay?
The specific amount of Sinosteel Engineering & Technology 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 Sinosteel Engineering & Technology's dividend history.
Does Sinosteel Engineering & Technology stock pay dividends?
Yes, Sinosteel Engineering & Technology 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 Sinosteel Engineering & Technology's dividend history.
How much dividend does Sinosteel Engineering & Technology pay?
Sinosteel Engineering & Technology paid ¥0.266 in 2024, ¥0.245 in 2023, ¥0.254 in 2022, ¥0.244 in 2021, and ¥0.13 in 2020.
How often does Sinosteel Engineering & Technology pay dividends?
Sinosteel Engineering & Technology 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 Sinosteel Engineering & Technology's dividend yield?
The current dividend yield for Sinosteel Engineering & Technology is 3.86%. 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 Sinosteel Engineering & Technology's exact dividend yield.
When does Sinosteel Engineering & Technology go ex dividend?
Sinosteel Engineering & Technology's ex-dividend date for the latest dividend was on 2024-06-06. Sinosteel Engineering & Technology 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 Sinosteel Engineering & Technology dividend paid?
Sinosteel Engineering & Technology pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Sinosteel Engineering & Technology 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 Sinosteel Engineering & Technology 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 Sinosteel Engineering & Technology dividend per share?
Sinosteel Engineering & Technology paid ¥0.266 per share in 2024 and ¥0.245 per share in 2023. The amount of dividend per share that Sinosteel Engineering & Technology 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 Sinosteel Engineering & Technology 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 Sinosteel Engineering & Technology 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 Sinosteel Engineering & Technology a dividend stock?
Yes, Sinosteel Engineering & Technology is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sinosteel Engineering & Technology a good dividend stock?
Whether Sinosteel Engineering & Technology is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sinosteel Engineering & Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.

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

1. Determination of Dividend: Sinosteel Engineering & Technology'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, Sinosteel Engineering & Technology 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, Sinosteel Engineering & Technology 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 Sinosteel Engineering & Technology 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 Sinosteel Engineering & Technology dividends paid?
Sinosteel Engineering & Technology dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Sinosteel Engineering & Technology 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, Sinosteel Engineering & Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Sinosteel Engineering & Technology 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 Sinosteel Engineering & Technology pay dividends?
Sinosteel Engineering & Technology 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 Sinosteel Engineering & Technology pay dividends?
The general pattern is that Sinosteel Engineering & Technology 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 Sinosteel Engineering & Technology dividend safe?
The safety of Sinosteel Engineering & Technology'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 Sinosteel Engineering & Technology'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 Sinosteel Engineering & Technology'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.