Hang Zhou Iron & Steel Co.,Ltd.

SHSE:600126 Stock Report

Market Cap: CN¥14.7b

Hang Zhou Iron & SteelLtd Dividend

Dividend criteria checks 1/6

Hang Zhou Iron & SteelLtd is a dividend paying company with a current yield of 1.15%.

Key information

1.1%

Dividend yield

100%

Payout ratio

Industry average yield2.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.055
Dividend yield forecast in 3Yn/a

Recent dividend updates

No updates

Recent updates

Not Many Are Piling Into Hang Zhou Iron & Steel Co.,Ltd. (SHSE:600126) Just Yet

Jun 06
Not Many Are Piling Into Hang Zhou Iron & Steel Co.,Ltd. (SHSE:600126) Just Yet

We Think That There Are More Issues For Hang Zhou Iron & SteelLtd (SHSE:600126) Than Just Sluggish Earnings

Apr 21
We Think That There Are More Issues For Hang Zhou Iron & SteelLtd (SHSE:600126) Than Just Sluggish Earnings

Investors Still Aren't Entirely Convinced By Hang Zhou Iron & Steel Co.,Ltd.'s (SHSE:600126) Revenues Despite 28% Price Jump

Mar 04
Investors Still Aren't Entirely Convinced By Hang Zhou Iron & Steel Co.,Ltd.'s (SHSE:600126) Revenues Despite 28% Price Jump

Does Hang Zhou Iron & SteelLtd (SHSE:600126) Have A Healthy Balance Sheet?

Feb 28
Does Hang Zhou Iron & SteelLtd (SHSE:600126) Have A Healthy Balance Sheet?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600126 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 600126 has only been paying a dividend for 5 years, and since then payments have fallen.


Dividend Yield vs Market

Hang Zhou Iron & SteelLtd Dividend Yield vs Market
How does 600126 dividend yield compare to the market?
SegmentDividend Yield
Company (600126)1.1%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.4%
Industry Average (Metals and Mining)2.4%
Analyst forecast in 3 Years (600126)n/a

Notable Dividend: 600126's dividend (1.15%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).

High Dividend: 600126's dividend (1.15%) is low compared to the top 25% of dividend payers in the CN market (2.41%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (100.3%), 600126's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 600126 is paying a dividend but the company has no free cash flows.


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