Sinosteel Engineering & Technology Dividends and Buybacks
Dividend criteria checks 3/6
Sinosteel Engineering & Technology is a dividend paying company with a current yield of 3.89% that is well covered by earnings.
Key information
3.9%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | 6.3% |
| Dividend Growth | 15.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.266 |
| Payout ratio | 42% |
Recent dividend and buyback updates
Recent updates
Sinosteel Engineering & Technology (SZSE:000928) Has A Pretty Healthy Balance Sheet
Nov 25
Sinosteel Engineering & Technology's (SZSE:000928) Profits May Not Reveal Underlying Issues
Nov 11Sinosteel Engineering & Technology Co., Ltd.'s (SZSE:000928) Earnings Are Not Doing Enough For Some Investors
Sep 24Sinosteel Engineering & Technology (SZSE:000928) Hasn't Managed To Accelerate Its Returns
Jul 17Sinosteel Engineering & Technology (SZSE:000928) Seems To Use Debt Quite Sensibly
Jun 25Sinosteel Engineering & Technology (SZSE:000928) Is Paying Out A Larger Dividend Than Last Year
Jun 02Sinosteel Engineering & Technology Co., Ltd.'s (SZSE:000928) Low P/E No Reason For Excitement
May 27There 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 8 years.
Dividend Yield vs Market
| Sinosteel Engineering & Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000928) | 3.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Construction) | 3.2% |
| Analyst forecast (000928) (up to 3 years) | 6.3% |
Notable Dividend: 000928's dividend (3.89%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 000928's dividend (3.89%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.7%), 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.