Vulcan Steel Dividends and Buybacks
Dividend criteria checks 3/6
Vulcan Steel is a dividend paying company with a current yield of 3.1% that is well covered by earnings.
Key information
3.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 5.0% |
| Dividend Growth | -30.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.224 |
| Payout ratio | 79% |
Recent dividend and buyback updates
Vulcan Steel's (ASX:VSL) Dividend Will Be NZ$0.1389
Aug 29
Vulcan Steel's (ASX:VSL) Dividend Is Being Reduced To NZ$0.305
Sep 18Recent updates
Vulcan Steel's (ASX:VSL) Dividend Will Be NZ$0.1389
Aug 29These 4 Measures Indicate That Vulcan Steel (ASX:VSL) Is Using Debt Extensively
Apr 18There Are Reasons To Feel Uneasy About Vulcan Steel's (ASX:VSL) Returns On Capital
Mar 21Vulcan Steel's (ASX:VSL) Dividend Is Being Reduced To NZ$0.305
Sep 18Vulcan Steel's (ASX:VSL) Dividend Is Being Reduced To NZ$0.305
Aug 31Should You Be Adding Vulcan Steel (ASX:VSL) To Your Watchlist Today?
Jul 04Vulcan Steel's (ASX:VSL) Shareholders May Want To Dig Deeper Than Statutory Profit
Feb 20Vulcan Steel Limited's (ASX:VSL) Shares Lagging The Market But So Is The Business
Dec 15Does This Valuation Of Vulcan Steel Limited (ASX:VSL) Imply Investors Are Overpaying?
Jun 09Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VSL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: VSL has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Vulcan Steel Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VSL) | 3.1% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Metals and Mining) | 5.7% |
| Analyst forecast (VSL) (up to 3 years) | 5.0% |
Notable Dividend: VSL's dividend (3.1%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: VSL's dividend (3.1%) is low compared to the top 25% of dividend payers in the Australian market (6.01%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.9%), VSL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.9%), VSL's dividend payments are well covered by cash flows.