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Shanxi Taigang Stainless Steel Co (SZSE:000825) Dividend Yield % : 0.69% (As of Jun. 10, 2024)


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What is Shanxi Taigang Stainless Steel Co Dividend Yield %?

As of today (2024-06-10), the Trailing Annual Dividend Yield of Shanxi Taigang Stainless Steel Co is 0.69%.

The historical rank and industry rank for Shanxi Taigang Stainless Steel Co's Dividend Yield % or its related term are showing as below:

SZSE:000825' s Dividend Yield % Range Over the Past 10 Years
Min: 0.28   Med: 1.94   Max: 16.19
Current: 0.69

During the past 13 years, the highest Dividend Yield of Shanxi Taigang Stainless Steel Co was 16.19%. The lowest was 0.28%. And the median was 1.94%.

SZSE:000825's Dividend Yield % is ranked worse than
84.9% of 351 companies
in the Steel industry
Industry Median: 2.91 vs SZSE:000825: 0.69

Shanxi Taigang Stainless Steel Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shanxi Taigang Stainless Steel Co Ltd is 1.92, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Shanxi Taigang Stainless Steel Co was 4.00. The lowest was 0.02. And the median was 0.35.

As of today (2024-06-10), the Forward Dividend Yield % of Shanxi Taigang Stainless Steel Co is 0.00%.

Shanxi Taigang Stainless Steel Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Shanxi Taigang Stainless Steel Co's average Dividends Per Share Growth Rate was -58.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -37.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -26.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shanxi Taigang Stainless Steel Co was 75.70% per year. The lowest was -37.00% per year. And the median was -1.00% per year.

The growth rate is calculated with least square regression.

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


Shanxi Taigang Stainless Steel Co Dividend Yield % Historical Data

The historical data trend for Shanxi Taigang Stainless Steel Co's Dividend Yield % 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.

Shanxi Taigang Stainless Steel Co Dividend Yield % Chart

Shanxi Taigang Stainless Steel Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.44 2.77 10.50 1.37 0.67

Shanxi Taigang Stainless 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 Yield % 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 1.37 0.65 0.62 0.67 0.70

Competitive Comparison of Shanxi Taigang Stainless Steel Co's Dividend Yield %

For the Steel subindustry, Shanxi Taigang Stainless Steel Co's Dividend Yield %, along with its competitors' market caps and 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.


Shanxi Taigang Stainless Steel Co's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shanxi Taigang Stainless Steel Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Shanxi Taigang Stainless Steel Co's Dividend Yield % falls into.



Shanxi Taigang Stainless Steel Co Dividend Yield % Calculation

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


Shanxi Taigang Stainless Steel Co  (SZSE:000825) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Shanxi Taigang Stainless Steel Co Dividend Yield % Related Terms

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Shanxi Taigang Stainless Steel Co (SZSE:000825) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Jiancaoping Street, Taiyuan, Shanxi, CHN, 030003
Shanxi Taigang Stainless Steel Co Ltd is a provider of stainless steel. The companies main products are stainless steel, cold-rolled silicon steel, carbon steel hot-rolled coil, train axle steel, alloy die steel, and military steel. Companies products are used in industries such as petroleum, petrochemical, railway, automobile, shipbuilding, container, coinage.
Executives
Wang Bai Dong Executives
Tian Wen Chang Independent director
Hu Yu Ting Director
Liu Fu Xing Directors, executives
Zhang Wen Xiao Supervisors
Li Cheng Director
Guo Cun He Supervisors

Shanxi Taigang Stainless Steel Co (SZSE:000825) Headlines

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