Step One Clothing Dividend
Dividend criteria checks 2/6
Step One Clothing is a dividend paying company with a current yield of 4.24%.
Key information
4.2%
Dividend yield
102%
Payout ratio
| Industry average yield | 4.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.068 |
| Earnings per share | AU$0.068 |
| Dividend yield forecast | 5.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether STP's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if STP's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Step One Clothing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (STP) | 4.2% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Specialty Retail) | 4.5% |
| Analyst forecast (STP) (up to 3 years) | 5.6% |
Notable Dividend: STP's dividend (4.24%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: STP's dividend (4.24%) is low compared to the top 25% of dividend payers in the Australian market (6.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (101.6%), STP's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.3%), STP's dividend payments are covered by cash flows.