Sinosteel Engineering & Technology Dividend
Dividend criteria checks 3/6
Sinosteel Engineering & Technology is a dividend paying company with a current yield of 4.18% that is well covered by earnings.
Key information
4.2%
Dividend yield
47%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.54 |
| Dividend yield forecast in 3Y | 7.1% |
Recent dividend updates
Recent updates
Sinosteel Engineering & Technology Co., Ltd.'s (SZSE:000928) Low P/E No Reason For Excitement
May 27
There Are Some Holes In Sinosteel Engineering & Technology's (SZSE:000928) Solid Earnings Release
May 13Is Now The Time To Look At Buying Sinosteel Engineering & Technology Co., Ltd. (SZSE:000928)?
Mar 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000928 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000928's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Sinosteel Engineering & Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (928) | 4.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Construction) | 3.3% |
| Analyst forecast in 3 Years (928) | 7.1% |
Notable Dividend: 000928's dividend (4.18%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 000928's dividend (4.18%) is in the top 25% of dividend payers in the CN market (2.31%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.9%), 000928's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000928 is paying a dividend but the company has no free cash flows.