Baoshan Iron & Steel Dividend
Dividend criteria checks 4/6
Baoshan Iron & Steel is a dividend paying company with a current yield of 4.38% that is well covered by earnings.
Key information
4.4%
Dividend yield
56%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.56 |
Dividend yield forecast in 3Y | 5.9% |
Recent dividend updates
Recent updates
Investors 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) | 4.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Metals and Mining) | 2.4% |
Analyst forecast in 3 Years (600019) | 5.9% |
Notable Dividend: 600019's dividend (4.38%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 600019's dividend (4.38%) is in the top 25% of dividend payers in the CN market (2.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56%), 600019's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (157.4%), 600019's dividend payments are not well covered by cash flows.