Nanjing Iron & Steel Dividend
Dividend criteria checks 2/6
Nanjing Iron & Steel is a dividend paying company with a current yield of 4.12%.
Key information
4.1%
Dividend yield
91%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Earnings per share | CN¥0.38 |
| Dividend yield forecast | 6.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600282 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600282's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Nanjing Iron & Steel Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600282) | 4.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast (600282) (up to 3 years) | 6.3% |
Notable Dividend: 600282's dividend (4.12%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 600282's dividend (4.12%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (91.1%), 600282's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600282 is paying a dividend but the company has no free cash flows.