Worthington Steel Dividend
Dividend criteria checks 3/6
Worthington Steel is a dividend paying company with a current yield of 1.96% that is well covered by earnings.
Key information
2.0%
Dividend yield
5%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €3.42 |
Dividend yield forecast in 3Y | 2.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether Z2J's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if Z2J's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Worthington Steel Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (Z2J) | 2.0% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.8% |
Industry Average (Metals and Mining) | 3.9% |
Analyst forecast in 3 Years (Z2J) | 2.0% |
Notable Dividend: Z2J's dividend (1.96%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: Z2J's dividend (1.96%) is low compared to the top 25% of dividend payers in the German market (4.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.7%), Z2J's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18%), Z2J's dividend payments are well covered by cash flows.