XinJiang Ba Yi Iron & Steel Co.,Ltd. engages in smelting, rolling, processing, and selling steel products in China. Its principal products include hot-rolled coils, rebars, plates, wires, profiles, hot-dip galvanized coils, bars, and pickling coils. The company is based in Ürümqi, China. XinJiang Ba Yi Iron & Steel Co.,Ltd. operates as a subsidiary of Baosteel Group Xinjiang Bayi Iron and Steel Co., Ltd.
XinJiang Ba Yi Iron & Steel Dividend Announcement
• XinJiang Ba Yi Iron & Steel announced a annually dividend of ¥0.01 per ordinary share which will be made payable on . Ex dividend date: 2014-05-22
• XinJiang Ba Yi Iron & Steel's trailing twelve-month (TTM) dividend yield is -%
• XinJiang Ba Yi Iron & Steel's payout ratio for the trailing twelve months (TTM) is -19.96%
XinJiang Ba Yi Iron & Steel Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2014-05-22 | ¥0.01 | annually | |
| 2013-05-31 | ¥0.07 | annually | |
| 2012-05-15 | ¥0.20 | annually | |
| 2011-05-16 | ¥0.22 | annually | |
| 2010-05-20 | ¥0.05 | annually | |
| 2009-05-14 | ¥0.05 | annually | |
| 2008-05-15 | ¥0.07 | annually | |
| 2007-05-18 | ¥0.14 | annually | |
| 2006-06-22 | ¥0.22 | annually | |
| 2005-07-18 | ¥0.30 | annually | |
| 2004-05-31 | ¥0.20 | annually | |
| 2003-05-27 | ¥0.20 | annually |
XinJiang Ba Yi Iron & Steel Dividend per year
XinJiang Ba Yi Iron & Steel Dividend growth
XinJiang Ba Yi Iron & Steel Dividend Yield
XinJiang Ba Yi Iron & Steel current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing XinJiang Ba Yi Iron & Steel stock? Use our calculator to estimate your expected dividend yield:
XinJiang Ba Yi Iron & Steel Financial Ratios
P/E ratio-2.95
PEG ratio-0.10
P/B ratio15.37
ROE-162.96%
Payout ratio-19.96%
Current ratio0.31
Quick ratio0.22
Cash Ratio0.07
XinJiang Ba Yi Iron & Steel Dividend FAQ
Does XinJiang Ba Yi Iron & Steel stock pay dividends?
XinJiang Ba Yi Iron & Steel does not currently pay dividends to its shareholders.
Has XinJiang Ba Yi Iron & Steel ever paid a dividend?
No, XinJiang Ba Yi Iron & Steel has no a history of paying dividends to its shareholders. XinJiang Ba Yi Iron & Steel is not known for its dividend payments.
Why doesn't XinJiang Ba Yi Iron & Steel pay dividends?
There are several potential reasons why XinJiang Ba Yi Iron & 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.
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 XinJiang Ba Yi Iron & 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 XinJiang Ba Yi Iron & 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 XinJiang Ba Yi Iron & Steel a dividend aristocrat?
XinJiang Ba Yi Iron & 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 XinJiang Ba Yi Iron & Steel a dividend king?
XinJiang Ba Yi Iron & 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 XinJiang Ba Yi Iron & Steel a dividend stock?
No, XinJiang Ba Yi Iron & 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 XinJiang Ba Yi Iron & Steel stocks?
To buy XinJiang Ba Yi Iron & 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 XinJiang Ba Yi Iron & 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.
Place an order: Use the brokerage's trading platform to place an order to buy XinJiang Ba Yi Iron & 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.