Changjiang & Jinggong Steel Building Group Co Stock

Changjiang & Jinggong Steel Building Group Co Dividend 2024

Changjiang & Jinggong Steel Building Group Co Dividend

0.04 CNY

Changjiang & Jinggong Steel Building Group Co Dividend yield

1.51 %

Ticker

600496.SS

ISIN

CNE000001BH7

How much dividend does Changjiang & Jinggong Steel Building Group Co 2024 pay?

According to the latest status from July 2024, Changjiang & Jinggong Steel Building Group Co paid a total of 0.04 CNY per share in dividends within the last 12 months. With the current Changjiang & Jinggong Steel Building Group Co price of 2.38 CNY, this corresponds to a dividend yield of 1.51 %. A dividend is paid times per year.

1.51 % Dividend Yield=
0.04 CNY Dividend
2.38 CNY Stock Price

Historical Changjiang & Jinggong Steel Building Group Co Dividends

A dividend is paid times per year. Last year, the payout months were and July.

PaydateDividend
8/1/20240.06
7/13/20230.04
7/16/20220.04
9/20/20210.03
9/5/20200.02
8/15/20190.01
8/13/20170.01
7/15/20160.02
6/22/20150.02
8/4/20140.05
6/30/20130.04
6/24/20120.07
5/13/20110.03
7/29/20100.03
6/20/20090.07
7/20/20080.02
7/8/20060.07
6/24/20050.05
9/6/20030.05
1

Changjiang & Jinggong Steel Building Group Co dividend history and estimates

In 2023, Changjiang & Jinggong Steel Building Group Co paid a dividend amounting to 0.04 CNY. Dividend means that Changjiang & Jinggong Steel Building Group Co distributes a portion of its profits to its owners.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for Changjiang & Jinggong Steel Building Group Co provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Changjiang & Jinggong Steel Building Group Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Changjiang & Jinggong Steel Building Group Co's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Changjiang & Jinggong Steel Building Group Co Dividend History

DateChangjiang & Jinggong Steel Building Group Co Dividend
2026e0.04 undefined
2025e0.04 undefined
2024e0.04 undefined
20230.04 undefined
20220.04 undefined
20210.03 undefined
20200.02 undefined
20190.01 undefined
20170.01 undefined
20160.02 undefined
20150.02 undefined
20140.02 undefined
20130.02 undefined
20120.03 undefined
20110.02 undefined
20100.01 undefined
20090.02 undefined
20080.01 undefined
20060.01 undefined
20050.01 undefined

Is the Changjiang & Jinggong Steel Building Group Co Dividend Safe?

Changjiang & Jinggong Steel Building Group Co has been increasing the dividend for 5 years.

Over the past 10 years, Changjiang & Jinggong Steel Building Group Co has increased it by an annual 7.059 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Increase of 3.89% for the current fiscal year.

Changjiang & Jinggong Steel Building Group Co dividend payout ratio

In 2023, Changjiang & Jinggong Steel Building Group Co had a payout ratio of 8.8%. The payout ratio indicates the percentage of the company's profits that Changjiang & Jinggong Steel Building Group Co distributes as dividends.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Changjiang & Jinggong Steel Building Group Co represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Changjiang & Jinggong Steel Building Group Co could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Changjiang & Jinggong Steel Building Group Co's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Changjiang & Jinggong Steel Building Group Co Payout Ratio History

DateChangjiang & Jinggong Steel Building Group Co Payout ratio
2026e9.38 %
2025e9.79 %
2024e9.54 %
20238.8 %
202211.03 %
20218.79 %
20206.57 %
20195.91 %
20188.8 %
201725 %
201628.57 %
201513.99 %
201411.35 %
201310.11 %
201219.88 %
20116.91 %
20105.35 %
200912.47 %
20085.55 %
20078.8 %
200622.5 %
200513.4 %
20048.8 %

Dividend Details

Understanding Changjiang & Jinggong Steel Building Group Co's Dividend Distributions

Changjiang & Jinggong Steel Building Group Co’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Changjiang & Jinggong Steel Building Group Co's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Changjiang & Jinggong Steel Building Group Co's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Changjiang & Jinggong Steel Building Group Co’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Changjiang & Jinggong Steel Building Group Co Aktienanalyse

What does Changjiang & Jinggong Steel Building Group Co do?

Changjiang & Jinggong Steel Building Group Co is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about Changjiang & Jinggong Steel Building Group Co stock

How much dividend does Changjiang & Jinggong Steel Building Group Co pay?

Over the past 12 months, Changjiang & Jinggong Steel Building Group Co paid a dividend of 0.04 CNY . This corresponds to a dividend yield of about 1.51 %. For the coming 12 months, Changjiang & Jinggong Steel Building Group Co is expected to pay a dividend of 0.04 CNY.

What is the dividend yield of Changjiang & Jinggong Steel Building Group Co?

The current dividend yield of Changjiang & Jinggong Steel Building Group Co is 1.51 %.

When does Changjiang & Jinggong Steel Building Group Co pay dividends?

Changjiang & Jinggong Steel Building Group Co pays a quarterly dividend. This is distributed in the months of September, July, July, August.

How secure is the dividend of Changjiang & Jinggong Steel Building Group Co?

Changjiang & Jinggong Steel Building Group Co paid dividends every year for the past 8 years.

What is the dividend of Changjiang & Jinggong Steel Building Group Co?

For the upcoming 12 months, dividends amounting to 0.04 CNY are expected. This corresponds to a dividend yield of 1.63 %.

In which sector is Changjiang & Jinggong Steel Building Group Co located?

Changjiang & Jinggong Steel Building Group Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Changjiang & Jinggong Steel Building Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Changjiang & Jinggong Steel Building Group Co from 7/1/2024 amounting to 0.06 CNY, you needed to have the stock in your portfolio before the ex-date on 7/1/2024.

When did Changjiang & Jinggong Steel Building Group Co pay the last dividend?

The last dividend was paid out on 7/1/2024.

What was the dividend of Changjiang & Jinggong Steel Building Group Co in the year 2023?

In the year 2023, Changjiang & Jinggong Steel Building Group Co distributed 0.036 CNY as dividends.

In which currency does Changjiang & Jinggong Steel Building Group Co pay out the dividend?

The dividends of Changjiang & Jinggong Steel Building Group Co are distributed in CNY.