Bisalloy Steel Group is a dividend paying company with a current yield of 5.65% that is well covered by earnings. Next payment date is on 17th January, 2025 with an ex-dividend date of 3rd January, 2025.
Key information
5.7%
Dividend yield
n/a
Buyback Yield
Total Shareholder Yield
n/a
Future Dividend Yield
n/a
Dividend Growth
6.9%
Next dividend pay date
17 Jan 25
Ex dividend date
03 Jan 25
Dividend per share
AU$0.195
Payout ratio
59%
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BIS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BIS's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Bisalloy Steel Group Dividend Yield vs Market
How does BIS dividend yield compare to the market?
Segment
Dividend Yield
Company (BIS)
5.7%
Market Bottom 25% (AU)
2.6%
Market Top 25% (AU)
6.1%
Industry Average (Metals and Mining)
5.5%
Analyst forecast (BIS) (up to 3 years)
n/a
Notable Dividend: BIS's dividend (5.65%) is higher than the bottom 25% of dividend payers in the Australian market (2.58%).
High Dividend: BIS's dividend (5.65%) is low compared to the top 25% of dividend payers in the Australian market (6.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59%), BIS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.6%), BIS's dividend payments are well covered by cash flows.