Unit 2009 2010 2011
Net profit Million RMB 5,077 11,483 5,033
Dividend per share RMB 0.2 0.3 0.2
Dividend payout ratio % 69 46 70
Dividend yield ratio % 2.07 4.69 4.1

Note: *Non-consolidated
*Dividend yield = Dividends per share/Year-end stock price

*The 2004 Annual General Shareholders'Meeting approved the Proposal on Cash Dividends Policy of Baoshan Iron & Steel Co., Ltd that yearly distribution of cash dividends shall be no less than 40% of the net profit of the year.