Sinosteel New Materials Dividend
Dividend criteria checks 4/6
Sinosteel New Materials is a dividend paying company with a current yield of 2.62% that is well covered by earnings.
Key information
2.6%
Dividend yield
50%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.36 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002057's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002057's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Sinosteel New Materials Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002057) | 2.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (002057) | n/a |
Notable Dividend: 002057's dividend (2.62%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002057's dividend (2.62%) is in the top 25% of dividend payers in the CN market (2.6%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.2%), 002057's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002057 is paying a dividend but the company has no free cash flows.