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Jiangsu Changbao Steeltube Co., Ltd. Stock Dividends Overview

002478.SZ pays dividends yearly. Last paid amount was ¥0.180 at May 17, 2023. As of today, dividend yield (TTM) is 2.74%.

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.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 2.74%
Frequency Yearly
1Y Growth 0%
Payout Ratio 0
Amount Per Share ¥0.180
Jiangsu Changbao Steeltube Co., Ltd. has not yet announced its next dividend date. Last payment date was: May 17, 2023.

002478 Dividend Payout History

To ensure a understanding of 002478'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
1 May 17, 2023 May 17, 2023 May 17, 2023 ¥0.180 2.74%
2 Jun 01, 2022 Jun 01, 2022 Jun 01, 2022 ¥0.0800 1.87%
3 May 28, 2021 May 28, 2021 May 28, 2021 ¥0.100 2.44%
4 Jul 15, 2020 Jul 15, 2020 Jul 15, 2020 ¥0.130 2.55%
5 Jul 17, 2019 Jul 17, 2019 Jul 17, 2019 ¥0.120 1.84%
6 Jul 04, 2018 Jul 04, 2018 Jul 04, 2018 ¥0.100 2.29%
7 Apr 26, 2017 Apr 26, 2017 Apr 26, 2017 ¥0.500 7.97%
8 May 06, 2016 May 06, 2016 May 06, 2016 ¥0.100 1.73%
9 May 04, 2015 May 04, 2015 May 04, 2015 ¥0.100 1.15%
10 Jun 27, 2014 Jun 27, 2014 Jun 27, 2014 ¥0.100 2.20%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (52.35%)

Growth potential

No dividend expected

002478 Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from 002478 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 002478 stock here.

Comparing 002478 to Sector and Country

002478.SZ pays a solid dividend yield of 2.74%, which is higher than the average of the bottom 25% of dividend payers in the CN market (0.394%). 002478.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 (4.08%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of 002478.SZ's dividend payments?
The amount of 002478.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 002478.SZ sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from 002478.SZ stock be automatically reinvested?
If 002478.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 002478.SZ stock.

How often does 002478.SZ pay dividend?
Jiangsu Changbao Steeltube Co., Ltd. (002478.SZ) pays dividends yearly. The most recent payout was on May 17, 2023.

How much does 002478.SZ pays per share?
The last recorder (May 17, 2023) dividend per share was ¥0.180.

What is 002478.SZ dividend growth rate?
Over the last year, Jiangsu Changbao Steeltube Co., Ltd. has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 21.64%. Furthermore, examining the past 5 years, Jiangsu Changbao Steeltube Co., Ltd. has maintained an average Dividends Per Share Growth Rate of 8.45%.
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About Jiangsu Changbao Steeltube Co., Ltd.

Jiangsu Changbao Steeltube Co.,Ltd produces and sells steel tubes in the People's Republic of China. The company offers OCTG products for petroleum industry, including connection tubings and casings, coupling stocks, perforating gun carrier pipes, petroleum tool pipes, drill pipes, and slotted pipes; boiler tubes for power generation; steel tubes for auto industry comprising automobile precision tubes, piping for hydraulic cylinders, and axel tub... 002478.SZ Profile

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