Daido Steel Dividend
Dividend criteria checks 3/6
Daido Steel is a dividend paying company with a current yield of 2.65%.
Key information
2.6%
Dividend yield
93%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €136.02 |
Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DDL's dividend payments have been volatile in the past 10 years.
Growing Dividend: DDL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Daido Steel Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (DDL) | 2.6% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Metals and Mining) | 3.8% |
Analyst forecast in 3 Years (DDL) | 2.9% |
Notable Dividend: DDL's dividend (2.65%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: DDL's dividend (2.65%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (92.6%), DDL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.7%), DDL's dividend payments are well covered by cash flows.