Sinosteel Engineering & Technology Dividend
Dividend criteria checks 3/6
Sinosteel Engineering & Technology is a dividend paying company with a current yield of 4.78% that is well covered by earnings.
Key information
4.8%
Dividend yield
44%
Payout ratio
Industry average yield | 3.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.266 |
Earnings per share | CN¥0.58 |
Dividend yield forecast in 3Y | 7.7% |
Recent dividend updates
Recent updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (000928) | 4.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Construction) | 3.6% |
Analyst forecast in 3 Years (000928) | 7.7% |
Notable Dividend: 000928's dividend (4.78%) is higher than the bottom 25% of dividend payers in the CN market (0.74%).
High Dividend: 000928's dividend (4.78%) is in the top 25% of dividend payers in the CN market (2.67%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.3%), 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.