Acerinox Dividend
Dividend criteria checks 4/6
Acerinox is a dividend paying company with a current yield of 6.13% that is well covered by earnings. Next payment date is on 19th July, 2024 with an ex-dividend date of 17th July, 2024.
Key information
6.1%
Dividend yield
68%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | 19 Jul 24 |
| Ex dividend date | 17 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | €0.58 |
| Dividend yield forecast in 3Y | 6.2% |
Recent dividend updates
Recent updates
Acerinox, S.A. (BME:ACX) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 29
A Piece Of The Puzzle Missing From Acerinox, S.A.'s (BME:ACX) Share Price
Apr 04These 4 Measures Indicate That Acerinox (BME:ACX) Is Using Debt Extensively
Dec 18Calculating The Fair Value Of Acerinox, S.A. (BME:ACX)
Nov 10These 4 Measures Indicate That Acerinox (BME:ACX) Is Using Debt Extensively
Sep 09Does This Valuation Of Acerinox, S.A. (BME:ACX) Imply Investors Are Overpaying?
Jul 30These 4 Measures Indicate That Acerinox (BME:ACX) Is Using Debt Reasonably Well
Apr 18Does This Valuation Of Acerinox, S.A. (BME:ACX) Imply Investors Are Overpaying?
Mar 31Are Acerinox, S.A. (BME:ACX) Investors Paying Above The Intrinsic Value?
Dec 17We Think Acerinox (BME:ACX) Can Stay On Top Of Its Debt
Nov 22An Intrinsic Calculation For Acerinox, S.A. (BME:ACX) Suggests It's 33% Undervalued
Sep 07Is Acerinox (BME:ACX) Using Too Much Debt?
Jul 30Acerinox, S.A. (BME:ACX) Shares Could Be 24% Below Their Intrinsic Value Estimate
May 27These 4 Measures Indicate That Acerinox (BME:ACX) Is Using Debt Reasonably Well
Apr 15A Look At The Fair Value Of Acerinox, S.A. (BME:ACX)
Feb 09Is Acerinox (BME:ACX) Using Too Much Debt?
Dec 28Acerinox, S.A. (BME:ACX) Shares Could Be 34% Below Their Intrinsic Value Estimate
Oct 25Are Investors Undervaluing Acerinox, S.A. (BME:ACX) By 20%?
Jul 25Acerinox (BME:ACX) Seems To Use Debt Quite Sensibly
Jun 14Should You Or Shouldn't You: A Dividend Analysis on Acerinox, S.A. (BME:ACX)
Apr 11Acerinox's (BME:ACX) Solid Earnings Have Been Accounted For Conservatively
Mar 06Does Acerinox (BME:ACX) Have A Healthy Balance Sheet?
Feb 20
What Type Of Shareholders Make Up Acerinox, S.A.'s (BME:ACX) Share Registry?
Jan 27Acerinox's (BME:ACX) Stock Price Has Reduced 22% In The Past Three Years
Jan 07Should You Buy Acerinox, S.A. (BME:ACX) For Its Dividend?
Dec 16Don't Race Out To Buy Acerinox, S.A. (BME:ACX) Just Because It's Going Ex-Dividend
Nov 25We Think Acerinox (BME:ACX) Is Taking Some Risk With Its Debt
Nov 18Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ACX has been paying a dividend for less than 10 years.
Growing Dividend: ACX's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Acerinox Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ACX) | 6.1% |
| Market Bottom 25% (ES) | 2.3% |
| Market Top 25% (ES) | 5.9% |
| Industry Average (Metals and Mining) | 3.8% |
| Analyst forecast in 3 Years (ACX) | 6.2% |
Notable Dividend: ACX's dividend (6.13%) is higher than the bottom 25% of dividend payers in the Spanish market (2.27%).
High Dividend: ACX's dividend (6.13%) is in the top 25% of dividend payers in the Spanish market (5.88%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.7%), ACX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.7%), ACX's dividend payments are well covered by cash flows.