Maanshan Iron & Steel Dividend

What is Maanshan Iron & Steel current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


23.65%

Current Dividend Yield

Dividend Yield vs Market

Maanshan Iron & Steel Dividend Yield vs Market
How does 323 dividend yield compare to the market?
SegmentDividend Yield
Company (323)23.6%
Market Bottom 25% (HK)3.0%
Market Top 25% (HK)8.9%
Industry Average (Metals and Mining)6.2%
Analyst forecast in 3 Years (323)14.0%

Notable Dividend: 323's dividend (23.65%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.01%).

High Dividend: 323's dividend (23.65%) is in the top 25% of dividend payers in the Hong Kong market (8.94%)


Stability and Growth of Payments

Stable Dividend: 323 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 323's dividend payments have increased, but the company has only paid a dividend for 4 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (127.4%), 323's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 323 is paying a dividend but the company has no free cash flows.


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