Hunan Valin Steel Dividend
Dividend criteria checks 4/6
Hunan Valin Steel is a dividend paying company with a current yield of 4.41% that is well covered by earnings.
Key information
4.4%
Dividend yield
33%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.69 |
| Dividend yield forecast in 3Y | 6.3% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 000932 has been paying a dividend for less than 10 years.
Growing Dividend: 000932 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Hunan Valin Steel Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (932) | 4.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast in 3 Years (932) | 6.3% |
Notable Dividend: 000932's dividend (4.41%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 000932's dividend (4.41%) is in the top 25% of dividend payers in the CN market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.2%), 000932's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.9%), 000932's dividend payments are covered by cash flows.