Usinas Siderúrgicas de Minas Gerais is a dividend paying company with a current yield of 2.78% that is well covered by earnings. Next payment date is on 24th June, 2024 with an ex-dividend date of 26th April, 2024.
Key information
2.8%
Dividend yield
25%
Payout ratio
Industry average yield
11.2%
Next dividend pay date
24 Jun 24
Ex dividend date
26 Apr 24
Dividend per share
n/a
Earnings per share
R$1.13
Dividend yield forecast in 3Y
3.0%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: USIM5 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: USIM5's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Usinas Siderúrgicas de Minas Gerais Dividend Yield vs Market
How does USIM5 dividend yield compare to the market?
Segment
Dividend Yield
Company (USIM5)
2.8%
Market Bottom 25% (BR)
2.1%
Market Top 25% (BR)
8.5%
Industry Average (Metals and Mining)
11.2%
Analyst forecast in 3 Years (USIM5)
3.0%
Notable Dividend: USIM5's dividend (2.78%) is higher than the bottom 25% of dividend payers in the BR market (2.05%).
High Dividend: USIM5's dividend (2.78%) is low compared to the top 25% of dividend payers in the BR market (8.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.1%), USIM5's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22%), USIM5's dividend payments are well covered by cash flows.