BSRM Steels Dividends and Buybacks
Dividend criteria checks 4/6
BSRM Steels is a dividend paying company with a current yield of 6.14% that is well covered by earnings. Next payment date is on 13th January, 2025 with an ex-dividend date of 17th November, 2024.
Key information
6.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 8.1% |
| Next dividend pay date | 13 Jan 25 |
| Ex dividend date | 17 Nov 24 |
| Dividend per share | ৳3.200 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BSRMSTEEL's dividend payments have been volatile in the past 10 years.
Growing Dividend: BSRMSTEEL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| BSRM Steels Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BSRMSTEEL) | 6.1% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.4% |
| Industry Average (Metals and Mining) | 4.7% |
| Analyst forecast (BSRMSTEEL) (up to 3 years) | n/a |
Notable Dividend: BSRMSTEEL's dividend (6.14%) is higher than the bottom 25% of dividend payers in the BD market (1.07%).
High Dividend: BSRMSTEEL's dividend (6.14%) is in the top 25% of dividend payers in the BD market (4.42%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.7%), BSRMSTEEL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: BSRMSTEEL is paying a dividend but the company has no free cash flows.