Baoshan Iron & Steel Dividend
Dividend criteria checks 4/6
Baoshan Iron & Steel is a dividend paying company with a current yield of 4.73% that is well covered by earnings.
Key information
4.7%
Dividend yield
56%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.56 |
Dividend yield forecast in 3Y | 6.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600019's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600019's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Baoshan Iron & Steel Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600019) | 4.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Metals and Mining) | 2.5% |
Analyst forecast in 3 Years (600019) | 6.4% |
Notable Dividend: 600019's dividend (4.73%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 600019's dividend (4.73%) is in the top 25% of dividend payers in the CN market (2.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56%), 600019's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (157.4%), 600019's dividend payments are not well covered by cash flows.