Snowsky Salt Industry Group Co Stock

Snowsky Salt Industry Group Co Dividend 2024

Snowsky Salt Industry Group Co Dividend

0.25 CNY

Snowsky Salt Industry Group Co Dividend yield

4.32 %

Ticker

600929.SS

ISIN

CNE100002T06

How much dividend does Snowsky Salt Industry Group Co 2024 pay?

According to the latest status from November 2024, Snowsky Salt Industry Group Co paid a total of 0.25 CNY per share in dividends within the last 12 months. With the current Snowsky Salt Industry Group Co price of 5.79 CNY, this corresponds to a dividend yield of 4.32 %. A dividend is paid times per year.

4.32 % Dividend Yield=
0.25 CNY Dividend
5.79 CNY Stock Price

Historical Snowsky Salt Industry Group Co Dividends

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

PaydateDividend
8/15/20240.2
7/5/20230.25
7/13/20220.2
7/1/20210.08
7/18/20200.02
8/12/20190.05
8/13/20180.05
1

Snowsky Salt Industry Group Co dividend history and estimates

In 2023, Snowsky Salt Industry Group Co paid a dividend amounting to 0.25 CNY. Dividend means that Snowsky Salt Industry Group Co distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Snowsky Salt Industry 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 Snowsky Salt Industry Group Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Snowsky Salt Industry 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.

Snowsky Salt Industry Group Co Dividend History

DateSnowsky Salt Industry Group Co Dividend
2026e0.27 undefined
2025e0.27 undefined
2024e0.27 undefined
20230.25 undefined
20220.2 undefined
20210.08 undefined
20200.02 undefined
20190.05 undefined
20180.05 undefined

Is the Snowsky Salt Industry Group Co Dividend Safe?

Snowsky Salt Industry Group Co has been increasing the dividend for 3 years.

Over the past 9 years, Snowsky Salt Industry Group Co has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 36.374%.

Analysts expect a Dividend Increase of 4.499% for the current fiscal year.

Snowsky Salt Industry Group Co dividend payout ratio

In 2023, Snowsky Salt Industry Group Co had a payout ratio of 22.08%. The payout ratio indicates the percentage of the company's profits that Snowsky Salt Industry Group Co distributes as dividends.
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Payout ratio
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Snowsky Salt Industry 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 Snowsky Salt Industry 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 Snowsky Salt Industry 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.

Snowsky Salt Industry Group Co Payout Ratio History

DateSnowsky Salt Industry Group Co Payout ratio
2026e25.3 %
2025e28.14 %
2024e25.67 %
202322.08 %
202236.68 %
202118.24 %
202011.33 %
201929.38 %
201833.13 %
201722.08 %
201622.08 %
201522.08 %

Dividend Details

Understanding Snowsky Salt Industry Group Co's Dividend Distributions

Snowsky Salt Industry 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 Snowsky Salt Industry 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

Snowsky Salt Industry 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 Snowsky Salt Industry 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.

Snowsky Salt Industry Group Co Aktienanalyse

What does Snowsky Salt Industry Group Co do?

Snowsky Salt Industry 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 Snowsky Salt Industry Group Co stock

How much dividend does Snowsky Salt Industry Group Co pay?

Over the past 12 months, Snowsky Salt Industry Group Co paid a dividend of 0.25 CNY . This corresponds to a dividend yield of about 4.32 %. For the coming 12 months, Snowsky Salt Industry Group Co is expected to pay a dividend of 0.27 CNY.

What is the dividend yield of Snowsky Salt Industry Group Co?

The current dividend yield of Snowsky Salt Industry Group Co is 4.32 %.

When does Snowsky Salt Industry Group Co pay dividends?

Snowsky Salt Industry Group Co pays a quarterly dividend. This is distributed in the months of June, July, July, August.

How secure is the dividend of Snowsky Salt Industry Group Co?

Snowsky Salt Industry Group Co paid dividends every year for the past 9 years.

What is the dividend of Snowsky Salt Industry Group Co?

For the upcoming 12 months, dividends amounting to 0.27 CNY are expected. This corresponds to a dividend yield of 4.7 %.

In which sector is Snowsky Salt Industry Group Co located?

Snowsky Salt Industry Group Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Snowsky Salt Industry Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Snowsky Salt Industry Group Co from 7/15/2024 amounting to 0.2 CNY, you needed to have the stock in your portfolio before the ex-date on 7/15/2024.

When did Snowsky Salt Industry Group Co pay the last dividend?

The last dividend was paid out on 7/15/2024.

What was the dividend of Snowsky Salt Industry Group Co in the year 2023?

In the year 2023, Snowsky Salt Industry Group Co distributed 0.2 CNY as dividends.

In which currency does Snowsky Salt Industry Group Co pay out the dividend?

The dividends of Snowsky Salt Industry Group Co are distributed in CNY.

Andere Kennzahlen von Snowsky Salt Industry Group Co

Our stock analysis for Snowsky Salt Industry Group Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Snowsky Salt Industry Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.