Shougang Century Holdings Dividend
Dividend criteria checks 2/6
Shougang Century Holdings is a dividend paying company with a current yield of 4.08% that is well covered by earnings. Next payment date is on 31st July, 2024 with an ex-dividend date of 16th July, 2024.
Key information
4.1%
Dividend yield
32%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | 31 Jul 24 |
| Ex dividend date | 16 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | €0.032 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CW7 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CW7 has only been paying a dividend for 4 years, and since then payments have not increased.
Dividend Yield vs Market
| Shougang Century Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CW7) | 4.1% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.6% |
| Industry Average (Metals and Mining) | 3.8% |
| Analyst forecast in 3 Years (CW7) | n/a |
Notable Dividend: CW7's dividend (4.08%) is higher than the bottom 25% of dividend payers in the German market (1.63%).
High Dividend: CW7's dividend (4.08%) is low compared to the top 25% of dividend payers in the German market (4.63%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.5%), CW7's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CW7 is paying a dividend but the company has no free cash flows.