BlueScope Steel Dividend
Dividend criteria checks 3/6
BlueScope Steel is a dividend paying company with a current yield of 2.37% that is well covered by earnings.
Key information
2.4%
Dividend yield
27%
Payout ratio
Industry average yield | 3.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €1.92 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BH5 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BH5's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
BlueScope Steel Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (BH5) | 2.4% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Metals and Mining) | 3.6% |
Analyst forecast in 3 Years (BH5) | 2.4% |
Notable Dividend: BH5's dividend (2.37%) is higher than the bottom 25% of dividend payers in the German market (1.63%).
High Dividend: BH5's dividend (2.37%) is low compared to the top 25% of dividend payers in the German market (4.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27%), BH5's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.1%), BH5's dividend payments are well covered by cash flows.