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Shougang Fushan Resources Group (HKSE:00639) Dividend Yield % : 13.27% (As of May. 02, 2024)


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What is Shougang Fushan Resources Group Dividend Yield %?

As of today (2024-05-02), the Trailing Annual Dividend Yield of Shougang Fushan Resources Group is 13.27%.

The historical rank and industry rank for Shougang Fushan Resources Group's Dividend Yield % or its related term are showing as below:

HKSE:00639' s Dividend Yield % Range Over the Past 10 Years
Min: 2   Med: 6.82   Max: 25.54
Current: 13.27

During the past 13 years, the highest Dividend Yield of Shougang Fushan Resources Group was 25.54%. The lowest was 2.00%. And the median was 6.82%.

HKSE:00639's Dividend Yield % is ranked better than
97.49% of 358 companies
in the Steel industry
Industry Median: 2.755 vs HKSE:00639: 13.27

Shougang Fushan Resources Group's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.75.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shougang Fushan Resources Group Ltd is 1.01, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Shougang Fushan Resources Group was 4.55. The lowest was 0.29. And the median was 0.77.

As of today (2024-05-02), the Forward Dividend Yield % of Shougang Fushan Resources Group is 9.74%.

Shougang Fushan Resources Group's Dividends per Share for the six months ended in Dec. 2023 was HK$0.10.

During the past 12 months, Shougang Fushan Resources Group's average Dividends Per Share Growth Rate was -19.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 32.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 24.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 20.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shougang Fushan Resources Group was 61.20% per year. The lowest was -41.00% per year. And the median was 12.35% per year.

The growth rate is calculated with least square regression.

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


Shougang Fushan Resources Group Dividend Yield % Historical Data

The historical data trend for Shougang Fushan Resources Group'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.

Shougang Fushan Resources Group Dividend Yield % Chart

Shougang Fushan Resources Group 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 10.12 8.85 6.30 18.73 13.19

Shougang Fushan Resources Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 6.30 5.21 18.73 21.83 13.19

Competitive Comparison of Shougang Fushan Resources Group's Dividend Yield %

For the Coking Coal subindustry, Shougang Fushan Resources Group'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.


Shougang Fushan Resources Group's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shougang Fushan Resources Group's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Shougang Fushan Resources Group's Dividend Yield % falls into.



Shougang Fushan Resources Group Dividend Yield % Calculation

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

Shougang Fushan Resources Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.1000002023-09-282023-09-292023-11-09Cash Dividendsemi-annuallyHKD:HKD 1.000000
HKD 0.2800002023-06-092023-06-122023-07-28Cash Dividendsemi-annuallyHKD:HKD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Shougang Fushan Resources Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.38/2.87
=13.24 %

Current Share Price is HK$2.87.
Shougang Fushan Resources Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.38.

Shougang Fushan Resources Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.2/2.87
=6.97 %

Current Share Price is HK$2.87.
Shougang Fushan Resources Group's Dividends per Share for the forward twelve months is calculated as HK$0.1 * 2 = HK$0.2.

* 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.


Shougang Fushan Resources Group  (HKSE:00639) 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.


Shougang Fushan Resources Group Dividend Yield % Related Terms

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Shougang Fushan Resources Group (HKSE:00639) Business Description

Traded in Other Exchanges
Address
56 Gloucester Road, 6th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG
Shougang Fushan Resources Group Ltd is engaged in coking coal mining, production and sales of coking coal products in the PRC. It derives revenue from the sale of clean coking coal and raw coking coal. The group has three operating coking coal mines and three coal preparation plants. The group has a business presence in the PRC and Hong Kong.

Shougang Fushan Resources Group (HKSE:00639) Headlines

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