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 4.75%
XiNing Special Steel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2013-06-18 | ¥0.01 | annually | |
2011-06-08 | ¥0.04 | annually | |
2010-06-18 | ¥0.05 | annually | |
2003-06-12 | ¥0.47 | annually | |
2001-06-07 | ¥0.05 | annually |
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
XiNing Special Steel Dividend FAQ
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.
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