Nanjing Iron & Steel Dividends and Buybacks
Dividend criteria checks 2/6
Nanjing Iron & Steel is a dividend paying company with a current yield of 4.88%.
Key information
4.9%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 4.8% |
| Future Dividend Yield | 7.3% |
| Dividend Growth | -2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 97% |
Recent dividend and buyback 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 7 years.
Dividend Yield vs Market
| Nanjing Iron & Steel Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600282) | 4.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (600282) (up to 3 years) | 7.3% |
Notable Dividend: 600282's dividend (4.88%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600282's dividend (4.88%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (97.5%), 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.