Hunan Valin Steel Dividend
Dividend criteria checks 4/6
Hunan Valin Steel is a dividend paying company with a current yield of 5.13% that is well covered by earnings.
Key information
5.1%
Dividend yield
33%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.230 |
Earnings per share | CN¥0.69 |
Dividend yield forecast in 3Y | 7.2% |
Recent dividend updates
Recent updates
Hunan Valin Steel (SZSE:000932) Will Want To Turn Around Its Return Trends
Jul 22Hunan Valin Steel (SZSE:000932) Has A Somewhat Strained Balance Sheet
May 22Hunan Valin Steel Co., Ltd.'s (SZSE:000932) Low P/E No Reason For Excitement
Apr 27We Think That There Are More Issues For Hunan Valin Steel (SZSE:000932) Than Just Sluggish Earnings
Apr 05Hunan Valin Steel (SZSE:000932) Is Reinvesting At Lower Rates Of Return
Mar 22Stability 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 (000932) | 5.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Metals and Mining) | 2.6% |
Analyst forecast in 3 Years (000932) | 7.2% |
Notable Dividend: 000932's dividend (5.13%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 000932's dividend (5.13%) is in the top 25% of dividend payers in the CN market (2.61%)
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.