Elastron - Steel Service Centers Dividends and Buybacks
Dividend criteria checks 2/6
Elastron - Steel Service Centers is a dividend paying company with a current yield of 10%.
Key information
10.0%
Dividend yield
1.7%
Buyback Yield
| Total Shareholder Yield | 11.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.202 |
| Payout ratio | 417% |
Recent dividend and buyback updates
Recent updates
Investors Holding Back On Elastron S.A. - Steel Service Centers (ATH:ELSTR)
Jul 05
Elastron S.A. - Steel Service Centers (ATH:ELSTR) Doing What It Can To Lift Shares
Feb 06Would 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) | 10.0% |
| Market Bottom 25% (GR) | 2.2% |
| Market Top 25% (GR) | 5.7% |
| Industry Average (Metals and Mining) | 4.3% |
| Analyst forecast (ELSTR) (up to 3 years) | n/a |
Notable Dividend: ELSTR's dividend (10%) is higher than the bottom 25% of dividend payers in the Greek market (2.16%).
High Dividend: ELSTR's dividend (10%) is in the top 25% of dividend payers in the Greek market (5.75%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (417.2%), ELSTR's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ELSTR is paying a dividend but the company has no free cash flows.