Elastron - Steel Service Centers Dividend
Dividend criteria checks 2/6
Elastron - Steel Service Centers is a dividend paying company with a current yield of 8.15%.
Key information
8.1%
Dividend yield
120%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | €0.17 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Elastron S.A. - Steel Service Centers (ATH:ELSTR) Doing What It Can To Lift Shares
Feb 06
Would Elastron - Steel Service Centers (ATH:ELSTR) Be Better Off With Less Debt?
Nov 16Elastron - Steel Service Centers (ATH:ELSTR) Might Have The Makings Of A Multi-Bagger
Sep 06Elastron - Steel Service Centers (ATH:ELSTR) Might Have The Makings Of A Multi-Bagger
Jan 31Returns On Capital Are Showing Encouraging Signs At Elastron - Steel Service Centers (ATH:ELSTR)
Aug 26Elastron - Steel Service Centers' (ATH:ELSTR) Earnings Are Weaker Than They Seem
Sep 30Returns Are Gaining Momentum At Elastron - Steel Service Centers (ATH:ELSTR)
Sep 27Elastron - Steel Service Centers (ATH:ELSTR) Is Looking To Continue Growing Its Returns On Capital
Jun 21Elastron - Steel Service Centers (ATH:ELSTR) Seems To Be Using A Lot Of Debt
Apr 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ELSTR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ELSTR's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Elastron - Steel Service Centers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ELSTR) | 8.1% |
| Market Bottom 25% (GR) | 2.2% |
| Market Top 25% (GR) | 5.5% |
| Industry Average (Metals and Mining) | 4.0% |
| Analyst forecast in 3 Years (ELSTR) | n/a |
Notable Dividend: ELSTR's dividend (8.15%) is higher than the bottom 25% of dividend payers in the Greek market (2.16%).
High Dividend: ELSTR's dividend (8.15%) is in the top 25% of dividend payers in the Greek market (5.53%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (120.5%), ELSTR's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate ELSTR's cash payout ratio to determine if its dividend payments are covered by cash flows.