Maanshan Iron & Steel Dividend
What is Maanshan Iron & Steel current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Maanshan Iron & Steel Dividend Yield vs Market|
|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.