14-day Premium Trial Subscription Try For FreeTry Free

Daye Special Steel Co., Ltd Stock Dividends Overview

000708.SZ pays dividends yearly. Last paid amount was ¥0.565 at May 10, 2024. As of today, dividend yield (TTM) is 3.53%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of 000708.SZ
Powered by GPT-4
New!
Dividend Analysis

Key Stats

Dividend Yield (TTM) 3.53%
Frequency Yearly
1Y Growth 0%
Payout Ratio 0
Amount Per Share ¥0.565
Daye Special Steel Co., Ltd has not yet announced its next dividend date. Last payment date was: May 10, 2024.

000708 Dividend Payout History

To ensure a understanding of 000708's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
11 Jun 11, 2014 Jun 11, 2014 Jun 11, 2014 ¥0.118 3.50%
12 Jun 21, 2012 Jun 21, 2012 Jun 21, 2012 ¥0.235 4.22%
13 Jun 02, 2011 Jun 02, 2011 Jun 02, 2011 ¥0.294 3.17%
14 Jun 11, 2010 Jun 11, 2010 Jun 11, 2010 ¥0.0882 1.31%
15 Jun 05, 2009 Jun 05, 2009 Jun 05, 2009 ¥0.0588 1.32%
16 Feb 09, 2009 Feb 09, 2009 Feb 09, 2009 ¥0.0312 0.764%
17 May 22, 2008 May 22, 2008 May 22, 2008 ¥0.118 1.80%
18 Jun 21, 2002 Jun 21, 2002 Jun 21, 2002 ¥0.0088 0.243%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (48.22%)

Growth potential

Stable (18.06%)

000708 Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from 000708 dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in 000708 stock here.

Comparing 000708 to Sector and Country

000708.SZ pays a solid dividend yield of 3.53%, which is higher than the average of the bottom 25% of dividend payers in the CN market (0.398%). 000708.SZ’s dividend yield is lower than the average of the top 25% of dividend payers in the Basic Materials sector in the CN market (3.99%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of 000708.SZ's dividend payments?
The amount of 000708.SZ's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in 000708.SZ sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from 000708.SZ stock be automatically reinvested?
If 000708.SZ offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy 000708.SZ stock.

How often does 000708.SZ pay dividend?
Daye Special Steel Co., Ltd (000708.SZ) pays dividends yearly. The most recent payout was on May 10, 2024.

How much does 000708.SZ pays per share?
The last recorder (May 10, 2024) dividend per share was ¥0.565.

What is 000708.SZ dividend growth rate?
Over the last year, Daye Special Steel Co., Ltd has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been -10.96%. Furthermore, examining the past 5 years, Daye Special Steel Co., Ltd has maintained an average Dividends Per Share Growth Rate of 3.71%.
Click to get the best stock tips daily for free!

About Daye Special Steel Co., Ltd

CITIC Pacific Special Steel Group Co., Ltd. manufactures and sells steel materials in China. It offers alloy steel bars, medium and thick plates, seamless steel pipes, metallurgical forging, alloy steel wires, and alloy round steel billets, as well as quenched and tempered, and silver bright materials; and auto springs and parts, and other deep-processing products. The company also provides ferrous and non-ferrous metal, and auxiliary materials; ... 000708.SZ Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT