Xinyu Iron & Steel Co., Ltd produces and sells steel products in China. The company offers rebar and round steel, wire materials, thick board, electrical steel plate, hot and rolled coil, building materials, medium and thick plates, electrical steel, special strip steel, and steel strands for metal products. It also engages in the ferrous metal smelting and forging processing and sales; metal products processing and sales; cable and wire manufacturing and sales; chemical raw materials and chemical products production and sales; general equipment manufacturing, installation, maintenance, and sales; pressure vessel manufacturing; industrial oil testing; hoisting machinery installation and maintenance; road general cargo transportation; first-class vehicle maintenance; import and export of goods; computer, communication, and other electronic equipment manufacturing and maintenance; and instrumentation manufacturing and maintenance. In addition, the company offers coal tar, coal phenol, crude benzene, coal tar pitch, coking naphthalene, anthracene oil, washing oil, sulfur, oxygen, liquid oxygen, nitrogen, liquid nitrogen, argon, and liquid argon; warehousing and leasing services; software and information technology services; and technical consulting services. It also exports its products to approximately 20 countries and regions, including the United States, the European Union, Japan, Southeast Asia, and other countries. The company is headquartered in Xinyu, China.
Xinyu Iron & Steel Dividend Announcement
• Xinyu Iron & Steel announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-07-03. Ex dividend date: 2024-07-03
• Xinyu Iron & Steel annual dividend for 2024 was ¥0.15
• Xinyu Iron & Steel annual dividend for 2023 was ¥0.10
• Xinyu Iron & Steel 's trailing twelve-month (TTM) dividend yield is 3.87%
• Xinyu Iron & Steel 's payout ratio for the trailing twelve months (TTM) is -133.85%
• Xinyu Iron & Steel 's dividend growth over the last five years (2018-2023) was 2.13% year
Xinyu Iron & Steel Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-03 | ¥0.15 | annually | 2024-07-03 |
| 2023-06-28 | ¥0.10 | annually | 2023-06-28 |
| 2022-06-21 | ¥0.50 | annually | 2022-06-21 |
| 2021-06-28 | ¥0.30 | annually | 2021-06-28 |
| 2020-06-12 | ¥0.20 | annually | 2020-06-12 |
| 2019-06-28 | ¥0.20 | annually | 2019-06-28 |
| 2018-06-25 | ¥0.09 | annually | 2018-06-25 |
| 2017-06-30 | ¥0.02 | annually | 2017-06-30 |
| 2016-07-07 | ¥0.03 | annually | |
| 2012-06-25 | ¥0.03 | annually | |
| 2011-07-01 | ¥0.06 | annually | |
| 2010-06-18 | ¥0.06 | annually |
Xinyu Iron & Steel Dividend per year
Xinyu Iron & Steel Dividend growth
Xinyu Iron & Steel Dividend Yield
Xinyu Iron & Steel current trailing twelve-month (TTM) dividend yield is 3.87%. Interested in purchasing Xinyu Iron & Steel stock? Use our calculator to estimate your expected dividend yield:
Xinyu Iron & Steel Financial Ratios
P/E ratio-21.78
PEG ratio-24.30
P/B ratio0.48
ROE-2.13%
Payout ratio-133.85%
Current ratio0.96
Quick ratio0.76
Cash Ratio0.17
Xinyu Iron & Steel Dividend FAQ
How much is the next Xinyu Iron & Steel dividend?
Xinyu Iron & Steel 's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Xinyu Iron & Steel dividend. The next Xinyu Iron & Steel dividend will be released in June.
When is Xinyu Iron & Steel dividend paid?
Xinyu Iron & Steel 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 Xinyu Iron & Steel pay?
The specific amount of Xinyu Iron & Steel 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 Xinyu Iron & Steel 's dividend history.
Does Xinyu Iron & Steel stock pay dividends?
Yes, Xinyu Iron & Steel 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 Xinyu Iron & Steel 's dividend history.
How much dividend does Xinyu Iron & Steel pay?
Xinyu Iron & Steel paid ¥0.15 in 2024, ¥0.1 in 2023, ¥0.5 in 2022, ¥0.3 in 2021, and ¥0.2 in 2020.
How often does Xinyu Iron & Steel pay dividends?
Xinyu Iron & Steel 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 Xinyu Iron & Steel 's dividend yield?
The current dividend yield for Xinyu Iron & Steel is 3.87%. 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 Xinyu Iron & Steel 's exact dividend yield.
When does Xinyu Iron & Steel go ex dividend?
Xinyu Iron & Steel 's ex-dividend date for the latest dividend was on 2024-07-03. Xinyu Iron & Steel 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 Xinyu Iron & Steel dividend paid?
Xinyu Iron & Steel pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Xinyu Iron & Steel 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 Xinyu Iron & Steel 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 Xinyu Iron & Steel dividend per share?
Xinyu Iron & Steel paid ¥0.15 per share in 2024 and ¥0.1 per share in 2023. The amount of dividend per share that Xinyu Iron & Steel 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 Xinyu Iron & Steel 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 Xinyu Iron & Steel 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 Xinyu Iron & Steel a dividend stock?
Yes, Xinyu Iron & Steel is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Xinyu Iron & Steel a good dividend stock?
Whether Xinyu Iron & Steel is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Xinyu Iron & Steel has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Xinyu Iron & Steel 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.
Other factors to consider when evaluating Xinyu Iron & Steel 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 Xinyu Iron & Steel pay dividends monthly?
Xinyu Iron & Steel typically pays dividends on a annually basis.
Does Xinyu Iron & Steel pay dividends quarterly?
Xinyu Iron & Steel currently pays dividends on a annually basis.
Has Xinyu Iron & Steel ever paid a dividend?
Yes, Xinyu Iron & Steel has a history of paying dividends to its shareholders. Xinyu Iron & Steel is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Xinyu Iron & Steel dividend stocks?
To buy Xinyu 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, 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 Xinyu 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 Xinyu 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.
When does Xinyu Iron & Steel pay dividends 2024?
Xinyu Iron & Steel pays dividends on a annually basis. 2024 dividend payments are in 2024-07-03. 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 Xinyu Iron & Steel increase its dividend in 2024?
Decisions regarding Xinyu Iron & Steel 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 Xinyu Iron & Steel dividend overview you can look into the above table of dividend history.
How Xinyu Iron & Steel dividend works?
The Xinyu Iron & Steel 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 Xinyu Iron & Steel 's dividend process works:
1. Determination of Dividend: Xinyu Iron & Steel '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, Xinyu Iron & Steel 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, Xinyu Iron & Steel 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 Xinyu Iron & Steel 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. Determination of Dividend: Xinyu Iron & Steel '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, Xinyu Iron & Steel 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, Xinyu Iron & Steel 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 Xinyu Iron & Steel 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 Xinyu Iron & Steel dividends paid?
Xinyu Iron & Steel dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Xinyu Iron & Steel 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, Xinyu Iron & Steel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Xinyu Iron & Steel 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.
1. Record Date: Xinyu Iron & Steel 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, Xinyu Iron & Steel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Xinyu Iron & Steel 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 Xinyu Iron & Steel pay dividends?
Xinyu Iron & Steel 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 Xinyu Iron & Steel pay dividends?
The general pattern is that Xinyu Iron & Steel 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 Xinyu Iron & Steel dividend safe?
The safety of Xinyu Iron & Steel '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 Xinyu Iron & Steel '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 Xinyu Iron & Steel '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.
To assess the safety of Xinyu Iron & Steel '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 Xinyu Iron & Steel '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.