As of today (2024-04-29), the Forward Annual Dividend Yield of Angang Steel Co is 0.00%.
As of today (2024-04-29), the Trailing Annual Dividend Yield of Angang Steel Co is 0.00%.
ANGGF's Forward Dividend Yield % is not ranked *
in the Steel industry.
Industry Median: 2.875 * Ranked among companies with meaningful Forward Dividend Yield % only.
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.
Competitive Comparison of Angang Steel Co's Forward Dividend Yield %
For the Steel subindustry, Angang Steel Co's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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 Forward Dividend Yield % Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Angang Steel Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Angang Steel Co's Forward Dividend Yield % falls into.
Angang Steel Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Angang Steel Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
HKD 0.008
2023-06-01
2023-06-03
2023-06-27
Cash Dividend
annually
HKD:USD 0.127612
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Angang Steel Co's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.001020896
/
0.189
=
0.54 %
Current Share Price is $0.189. Angang Steel Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.001020896.
* 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 (OTCPK:ANGGF) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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 Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Angang Steel Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Angang Steel Co (Angang Steel Co) Business Description
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.
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