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Angang Steel Co (SZSE:000898) Dividend Payout Ratio : 0.00 (As of Mar. 2024)


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What is Angang Steel Co Dividend Payout Ratio?

Angang Steel Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Angang Steel Co's Dividend Payout Ratio or its related term are showing as below:


During the past 13 years, the highest Dividend Payout Ratio of Angang Steel Co was 221.00. The lowest was 0.07. And the median was 0.21.

SZSE:000898's Dividend Payout Ratio is not ranked *
in the Steel industry.
Industry Median: 0.3
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-06-13), the Dividend Yield % of Angang Steel Co is 0.31%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Angang Steel Co was 8.84%. The lowest was 0.22%. And the median was 1.68%.

Angang Steel Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Angang Steel Co's average Dividends Per Share Growth Rate was -96.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -50.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -34.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Angang Steel Co was 72.00% per year. The lowest was -53.10% per year. And the median was 22.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Angang Steel Co Dividend Payout Ratio Historical Data

The historical data trend for Angang Steel Co's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Angang Steel Co Dividend Payout Ratio Chart

Angang Steel Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.29 0.12 221.00 -

Angang Steel Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Angang Steel Co's Dividend Payout Ratio

For the Steel subindustry, Angang Steel Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Angang Steel Co's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Angang Steel Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Angang Steel Co's Dividend Payout Ratio falls into.



Angang Steel Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Angang Steel Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.007/ -0.353
=N/A

Angang Steel Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ -0.175
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Angang Steel Co (SZSE:000898) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Angang Steel Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Angang Steel Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Angang Steel Co (SZSE:000898) Business Description

Traded in Other Exchanges
Address
Production Area of Angang Steel, Tie Xi District, Liaoning Province, Anshan, CHN, 114021
Angang Steel Co Ltd is engaged in the steel rolling and processing industry. The Company is classified into an operating segment based on the type of business: production and sale of steel products. The Company's products have diversified structures and include hot rolled sheets, medium and thick plates, cold rolled sheets, color coating plates, heavy rails, seamless steel pipes and wire rods, and other products. These products are widely used in industries such as machinery, metallurgy, petroleum, chemical industry, coal, electric power, railway, shipbuilding, automobile, construction, home electrical appliances, and aviation. Geographically, the group derives a majority of its revenue from the China region.
Executives
Tian Yong Executives, directors
Zhang Hong Jun Executives, directors
Meng Jin Song Executives
Wang Bao Jun Executives, directors, directors
Wang Yi Dong Directors, executives
Zhang Xiao Gang Director
Liu Jie Executives
Zhang Li Fen Executives
Su Wen Sheng Supervisors
Ren Zi Ping Executives
Chen Ming Directors, executives
Yang Hua Director
Ma Lian Yong Executives
Dan Ming Yi Supervisors
Liu Bao Shan Executives

Angang Steel Co (SZSE:000898) Headlines

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