Steel Pipe Industry of Indonesia Dividend
Dividend criteria checks 3/6
Steel Pipe Industry of Indonesia is a dividend paying company with a current yield of 2.11% that is well covered by earnings.
Key information
2.1%
Dividend yield
11%
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 | €70.76 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: S08 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: S08 has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
Steel Pipe Industry of Indonesia Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (S08) | 2.1% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Metals and Mining) | 3.8% |
Analyst forecast in 3 Years (S08) | n/a |
Notable Dividend: S08's dividend (2.11%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: S08's dividend (2.11%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.3%), S08's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7%), S08's dividend payments are thoroughly covered by cash flows.