Acerinox Dividend
Dividend criteria checks 3/6
Acerinox is a dividend paying company with a current yield of 7.28%.
Key information
7.3%
Dividend yield
119%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.678 |
| Earnings per share | €0.26 |
| Future Dividend Yield | 7.4% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ACE has been paying a dividend for less than 10 years.
Growing Dividend: ACE's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Acerinox Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ACE) | 7.3% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Metals and Mining) | 3.1% |
| Analyst forecast (ACE) (up to 3 years) | 7.4% |
Notable Dividend: ACE's dividend (7.28%) is higher than the bottom 25% of dividend payers in the German market (1.58%).
High Dividend: ACE's dividend (7.28%) is in the top 25% of dividend payers in the German market (4.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (118.7%), ACE's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.1%), ACE's dividend payments are well covered by cash flows.