Bisalloy Steel Group Dividend
Dividend criteria checks 3/6
Bisalloy Steel Group is a dividend paying company with a current yield of 3.97% that is well covered by earnings.
Key information
4.0%
Dividend yield
59%
Payout ratio
Industry average yield | 4.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.30 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BIS's dividend payments have been volatile in the past 10 years.
Growing Dividend: BIS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Bisalloy Steel Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (BIS) | 4.0% |
Market Bottom 25% (AU) | 2.7% |
Market Top 25% (AU) | 6.5% |
Industry Average (Metals and Mining) | 4.9% |
Analyst forecast in 3 Years (BIS) | n/a |
Notable Dividend: BIS's dividend (3.97%) is higher than the bottom 25% of dividend payers in the Australian market (2.71%).
High Dividend: BIS's dividend (3.97%) is low compared to the top 25% of dividend payers in the Australian market (6.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.6%), BIS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (106.5%), BIS's dividend payments are not well covered by cash flows.