Bangladesh Steel Re-Rolling Mills Dividend
Dividend criteria checks 3/6
Bangladesh Steel Re-Rolling Mills is a dividend paying company with a current yield of 2.78% that is well covered by earnings.
Key information
2.8%
Dividend yield
13%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ৳19.70 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BSRMLTD has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BSRMLTD's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Bangladesh Steel Re-Rolling Mills Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (BSRMLTD) | 2.8% |
Market Bottom 25% (BD) | 0.9% |
Market Top 25% (BD) | 4.1% |
Industry Average (Metals and Mining) | 2.8% |
Analyst forecast in 3 Years (BSRMLTD) | n/a |
Notable Dividend: BSRMLTD's dividend (2.78%) is higher than the bottom 25% of dividend payers in the BD market (0.94%).
High Dividend: BSRMLTD's dividend (2.78%) is low compared to the top 25% of dividend payers in the BD market (4.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.7%), BSRMLTD's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.1%), BSRMLTD's dividend payments are thoroughly covered by cash flows.