Baoshan Iron & Steel Dividends and Buybacks
Dividend criteria checks 5/6
Baoshan Iron & Steel is a dividend paying company with a current yield of 4.56% that is well covered by earnings.
Key information
4.6%
Dividend yield
1.6%
Buyback Yield
| Total Shareholder Yield | 6.2% |
| Future Dividend Yield | 5.2% |
| Dividend Growth | 5.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.310 |
| Payout ratio | 72% |
Recent dividend and buyback updates
Recent updates
There May Be Reason For Hope In Baoshan Iron & Steel's (SHSE:600019) Disappointing Earnings
Nov 05
These 4 Measures Indicate That Baoshan Iron & Steel (SHSE:600019) Is Using Debt Safely
Oct 14There Are Reasons To Feel Uneasy About Baoshan Iron & Steel's (SHSE:600019) Returns On Capital
Sep 20Baoshan Iron & Steel Co., Ltd. (SHSE:600019) Shares Could Be 44% Below Their Intrinsic Value Estimate
Jul 21Investors Don't See Light At End Of Baoshan Iron & Steel Co., Ltd.'s (SHSE:600019) Tunnel
Jun 30Baoshan Iron & Steel (SHSE:600019) Will Pay A Larger Dividend Than Last Year At CN¥0.20
Jun 09Baoshan Iron & Steel (SHSE:600019) Might Be Having Difficulty Using Its Capital Effectively
May 24A Piece Of The Puzzle Missing From Baoshan Iron & Steel Co., Ltd.'s (SHSE:600019) Share Price
Mar 26We Think Baoshan Iron & Steel (SHSE:600019) Can Stay On Top Of Its Debt
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600019's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600019's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Baoshan Iron & Steel Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600019) | 4.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast (600019) (up to 3 years) | 5.2% |
Notable Dividend: 600019's dividend (4.56%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 600019's dividend (4.56%) is in the top 25% of dividend payers in the CN market (2.14%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.8%), 600019's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.1%), 600019's dividend payments are covered by cash flows.