Champion Iron Dividend
Dividend criteria checks 2/6
Champion Iron is a dividend paying company with a current yield of 2.99% that is well covered by earnings.
Key information
3.0%
Dividend yield
35%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.200 |
| Earnings per share | €0.58 |
| Dividend yield forecast | 3.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MMPI has been paying a dividend for less than 10 years.
Growing Dividend: MMPI's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Champion Iron Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MMPI) | 3.0% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Metals and Mining) | 3.8% |
| Analyst forecast (MMPI) (up to 3 years) | 3.2% |
Notable Dividend: MMPI's dividend (2.99%) is higher than the bottom 25% of dividend payers in the German market (1.56%).
High Dividend: MMPI's dividend (2.99%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.6%), MMPI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (192.6%), MMPI's dividend payments are not well covered by cash flows.