Ryerson Holding Dividends and Buybacks
Dividend criteria checks 2/6
Ryerson Holding is a dividend paying company with a current yield of 2.96%. Next payment date is on 19th December, 2024 with an ex-dividend date of 5th December, 2024.
Key information
3.0%
Dividend yield
7.5%
Buyback Yield
| Total Shareholder Yield | 10.5% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 15.6% |
| Next dividend pay date | 19 Dec 24 |
| Ex dividend date | 05 Dec 24 |
| Dividend per share | €0.750 |
| Payout ratio | 117% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 7RY has been paying a dividend for less than 10 years.
Growing Dividend: 7RY's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Ryerson Holding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7RY) | 3.0% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Metals and Mining) | 2.8% |
| Analyst forecast (7RY) (up to 3 years) | 3.0% |
Notable Dividend: 7RY's dividend (2.96%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: 7RY's dividend (2.96%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (117.4%), 7RY's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.6%), 7RY's dividend payments are well covered by cash flows.