Champion Iron Dividend
Dividend criteria checks 3/6
Champion Iron is a dividend paying company with a current yield of 3.07% that is well covered by earnings.
Key information
3.1%
Dividend yield
35%
Payout ratio
Industry average yield | 4.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.57 |
Dividend yield forecast in 3Y | 5.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CIA has been paying a dividend for less than 10 years.
Growing Dividend: CIA's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Champion Iron Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CIA) | 3.1% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.2% |
Industry Average (Metals and Mining) | 4.8% |
Analyst forecast in 3 Years (CIA) | 5.1% |
Notable Dividend: CIA's dividend (3.07%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).
High Dividend: CIA's dividend (3.07%) is low compared to the top 25% of dividend payers in the Australian market (6.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.9%), CIA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.5%), CIA's dividend payments are well covered by cash flows.