Beijing Shougang Dividend
Dividend criteria checks 3/6
Beijing Shougang is a dividend paying company with a current yield of 1.08% that is well covered by earnings.
Key information
1.1%
Dividend yield
33%
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¥0.09 |
Dividend yield forecast in 3Y | 1.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000959 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000959's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Beijing Shougang Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (000959) | 1.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Metals and Mining) | 2.5% |
Analyst forecast in 3 Years (000959) | 1.1% |
Notable Dividend: 000959's dividend (1.08%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 000959's dividend (1.08%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.4%), 000959's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.2%), 000959's dividend payments are thoroughly covered by cash flows.