Shandong Iron and Steel Dividend
Dividend criteria checks 2/6
Shandong Iron and Steel is a dividend paying company with a current yield of 2.4%.
Key information
2.4%
Dividend yield
-250%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.030 |
Earnings per share | -CN¥0.068 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600022 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600022 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Shandong Iron and Steel Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (600022) | 2.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Metals and Mining) | 2.5% |
Analyst forecast in 3 Years (600022) | n/a |
Notable Dividend: 600022's dividend (2.4%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 600022's dividend (2.4%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: 600022 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.4%), 600022's dividend payments are well covered by cash flows.