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Xining Special Steel Co., Ltd. engages in the smelting and rolling of special steel products in China. The company provides carbon structure steel, carbon steel, composite steel, composite steel, bearing steel, die steel, stainless steel, and spring steel products. It is also involved in the coal coking, and real estate development businesses. The company's products are used in various industries, such as automotive, railway, new energy, construction machinery, coal machine, drilling tools, wear resistant, bearing, petroleum machinery, and chemical general machinery. Xining Special Steel Co., Ltd. is based in Xining, China.

XiNing Special Steel Dividend Announcement

XiNing Special Steel announced a annually dividend of ¥0.01 per ordinary share which will be made payable on . Ex dividend date: 2013-06-18
XiNing Special Steel's trailing twelve-month (TTM) dividend yield is -%
XiNing Special Steel's payout ratio for the trailing twelve months (TTM) is 3.63%

XiNing Special Steel Dividend History

Ex-Div dateDividend amountDividend typePay date
2013-06-18¥0.01annually
2011-06-08¥0.04annually
2010-06-18¥0.05annually
2003-06-12¥0.47annually
2001-06-07¥0.05annually

XiNing Special Steel Dividend per year

XiNing Special Steel Dividend Yield

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

XiNing Special Steel Financial Ratios

P/E ratio3.76
PEG ratio0.04
P/B ratio1.81
ROE71.96%
Payout ratio3.63%
Current ratio0.85
Quick ratio0.40
Cash Ratio0.08

XiNing Special Steel Dividend FAQ

Does XiNing Special Steel stock pay dividends?
XiNing Special Steel does not currently pay dividends to its shareholders.
Has XiNing Special Steel ever paid a dividend?
No, XiNing Special Steel has no a history of paying dividends to its shareholders. XiNing Special Steel is not known for its dividend payments.
Why doesn't XiNing Special Steel pay dividends?
There are several potential reasons why XiNing Special Steel would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will XiNing Special Steel ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While XiNing Special Steel has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is XiNing Special Steel a dividend aristocrat?
XiNing Special Steel is not considered a Dividend Aristocrat. 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 XiNing Special Steel a dividend king?
XiNing Special Steel is not classified as a "Dividend King". 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 XiNing Special Steel a dividend stock?
No, XiNing Special Steel is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy XiNing Special Steel stocks?
To buy XiNing Special 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy XiNing Special 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.