Salzgitter Dividend
Dividend criteria checks 4/6
Salzgitter is a dividend paying company with a current yield of 1.81% that is well covered by earnings. Next payment date is on 3rd June, 2024 with an ex-dividend date of 30th May, 2024.
Key information
1.8%
Dividend yield
12%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | 03 Jun 24 |
| Ex dividend date | 30 May 24 |
| Dividend per share | n/a |
| Earnings per share | €3.70 |
| Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Recent updates
Investors Can Find Comfort In Salzgitter's (ETR:SZG) Earnings Quality
Mar 23
Analysts Have Made A Financial Statement On Salzgitter AG's (ETR:SZG) Annual Report
Mar 20Is There An Opportunity With Salzgitter AG's (ETR:SZG) 22% Undervaluation?
Feb 21Salzgitter AG's (ETR:SZG) Earnings Are Not Doing Enough For Some Investors
Jan 30Is Salzgitter (ETR:SZG) Weighed On By Its Debt Load?
Dec 14There Are Reasons To Feel Uneasy About Salzgitter's (ETR:SZG) Returns On Capital
Oct 06Salzgitter (ETR:SZG) Seems To Be Using A Lot Of Debt
Sep 11Salzgitter (ETR:SZG) Shareholders Will Want The ROCE Trajectory To Continue
Jul 03Does Salzgitter (ETR:SZG) Have A Healthy Balance Sheet?
Jun 11Party Time: Brokers Just Made Major Increases To Their Salzgitter AG (ETR:SZG) Earnings Forecasts
Apr 01There's Been No Shortage Of Growth Recently For Salzgitter's (ETR:SZG) Returns On Capital
Mar 25Here's Why Salzgitter (ETR:SZG) Has A Meaningful Debt Burden
Mar 04Here's Why We Think Salzgitter (ETR:SZG) Is Well Worth Watching
Feb 12Salzgitter (ETR:SZG) Is Experiencing Growth In Returns On Capital
Dec 09Here's Why We Think Salzgitter (ETR:SZG) Might Deserve Your Attention Today
Nov 03Does Salzgitter (ETR:SZG) Have A Healthy Balance Sheet?
Sep 24There's Been No Shortage Of Growth Recently For Salzgitter's (ETR:SZG) Returns On Capital
Aug 10Salzgitter AG (ETR:SZG) Analysts Just Trimmed Their Revenue Forecasts By 10%
Jun 18Investors Will Want Salzgitter's (ETR:SZG) Growth In ROCE To Persist
Apr 28We Think Salzgitter (ETR:SZG) Is Taking Some Risk With Its Debt
Mar 28Returns At Salzgitter (ETR:SZG) Are On The Way Up
Jan 06We Think Salzgitter (ETR:SZG) Is Taking Some Risk With Its Debt
Dec 08Salzgitter AG's (ETR:SZG) Intrinsic Value Is Potentially 80% Above Its Share Price
Sep 15Robust Earnings May Not Tell The Whole Story For Salzgitter (ETR:SZG)
Aug 18Does Salzgitter (ETR:SZG) Have A Healthy Balance Sheet?
Jul 13Health Check: How Prudently Does Salzgitter (ETR:SZG) Use Debt?
Mar 24Salzgitter (ETR:SZG) Shareholders Have Enjoyed A 70% Share Price Gain
Feb 26Estimating The Fair Value Of Salzgitter AG (ETR:SZG)
Feb 05
Something To Consider Before Buying Salzgitter AG (ETR:SZG) For The 0.9% Dividend
Jan 13Is Salzgitter (ETR:SZG) Weighed On By Its Debt Load?
Dec 16Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SZG's dividend payments have been volatile in the past 10 years.
Growing Dividend: SZG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Salzgitter Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SZG) | 1.8% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Metals and Mining) | 4.0% |
| Analyst forecast in 3 Years (SZG) | 2.6% |
Notable Dividend: SZG's dividend (1.81%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: SZG's dividend (1.81%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.2%), SZG's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.4%), SZG's dividend payments are well covered by cash flows.