Champion Iron Dividend
What is Champion Iron current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Champion Iron Dividend Yield vs Market|
|Market Bottom 25% (AU)||2.8%|
|Market Top 25% (AU)||7.2%|
|Industry Average (Metals and Mining)||10.5%|
|Analyst forecast in 3 Years (CIA)||7.5%|
Notable Dividend: CIA's dividend (5.32%) is higher than the bottom 25% of dividend payers in the Australian market (2.8%).
High Dividend: CIA's dividend (5.32%) is low compared to the top 25% of dividend payers in the Australian market (7.19%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether CIA's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if CIA's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.5%), CIA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CIA is paying a dividend but the company has no free cash flows.