Sanyo Special Steel Dividend
Dividend criteria checks 4/6
Sanyo Special Steel is a dividend paying company with a current yield of 3.76% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.8%
Dividend yield
52%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.418 |
| Earnings per share | €124.40 |
| Dividend yield forecast | 4.8% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: S98's dividend payments have been volatile in the past 10 years.
Growing Dividend: S98's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sanyo Special Steel Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (S98) | 3.8% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Metals and Mining) | 3.1% |
| Analyst forecast (S98) (up to 3 years) | 4.8% |
Notable Dividend: S98's dividend (3.76%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: S98's dividend (3.76%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.2%), S98's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.9%), S98's dividend payments are well covered by cash flows.