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Shandong Iron & Steel Co (SHSE:600022) 5-Year Dividend Growth Rate : 0.00% (As of Mar. 2024)


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What is Shandong Iron & Steel Co 5-Year Dividend Growth Rate?

Shandong Iron & Steel Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Shandong Iron & Steel Co's average Dividends Per Share Growth Rate was -50.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shandong Iron & Steel Co was 31.00% per year. The lowest was -31.60% per year. And the median was -0.30% per year.

Shandong Iron & Steel Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Shandong Iron & Steel Co's Dividend Yield % is 2.36%.

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


Competitive Comparison of Shandong Iron & Steel Co's 5-Year Dividend Growth Rate

For the Steel subindustry, Shandong Iron & Steel Co's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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.


Shandong Iron & Steel Co's 5-Year Dividend Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shandong Iron & Steel Co's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Shandong Iron & Steel Co's 5-Year Dividend Growth Rate falls into.



Shandong Iron & Steel Co 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Shandong Iron & Steel Co  (SHSE:600022) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Shandong Iron & 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/ -0.06
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Shandong Iron & Steel Co was 1.94. The lowest was 0.22. And the median was 1.08.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Shandong Iron & Steel Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.0300002023-06-142023-06-132023-06-14Cash DividendannuallyCNY:CNY 1.000000

* 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.

Shandong Iron & Steel Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.03/1.26
=2.38 %

Current Share Price is ¥1.26.
Shandong Iron & Steel Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.03.

During the past 13 years, the highest Dividend Yield of Shandong Iron & Steel Co was 4.29%. The lowest was 1.59%. And the median was 2.29%.

* 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.


Shandong Iron & Steel Co 5-Year Dividend Growth Rate Related Terms

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Shandong Iron & Steel Co (SHSE:600022) Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Gongye North Road, Licheng District, Shandong Province, Jinan, CHN, 250101
Shandong Iron & Steel Co Ltd is a China-based company engaged in manufacturing and marketing steel materials. The company produces cold-formed steel, galvanized coil, composite board, hot rolled equal angle steel, hot-rolled channel steel and other products.

Shandong Iron & Steel Co (SHSE:600022) Headlines

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