Hang Zhou Iron & SteelLtd Dividend
Dividend criteria checks 1/6
Hang Zhou Iron & SteelLtd is a dividend paying company with a current yield of 1.23%.
Key information
1.2%
Dividend yield
226%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.050 |
| Earnings per share | CN¥0.027 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600126 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600126 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Hang Zhou Iron & SteelLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600126) | 1.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (600126) (up to 3 years) | n/a |
Notable Dividend: 600126's dividend (1.23%) is higher than the bottom 25% of dividend payers in the CN market (0.6%).
High Dividend: 600126's dividend (1.23%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (225.6%), 600126's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600126 is paying a dividend but the company has no free cash flows.