Shin SteelLtd Dividends and Buybacks
Dividend criteria checks 1/6
Shin SteelLtd is a dividend paying company with a current yield of 0.76% that is well covered by earnings. Next payment date is on 25th April, 2025 with an ex-dividend date of 27th December, 2024.
Key information
0.8%
Dividend yield
0.02%
Buyback Yield
| Total Shareholder Yield | 0.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | 25 Apr 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | ₩19.000 |
| Payout ratio | 33% |
Recent dividend and buyback updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether A162300's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if A162300's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shin SteelLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (A162300) | 0.8% |
| Market Bottom 25% (KR) | 1.2% |
| Market Top 25% (KR) | 4.0% |
| Industry Average (Trade Distributors) | 2.7% |
| Analyst forecast (A162300) (up to 3 years) | n/a |
Notable Dividend: A162300's dividend (0.76%) isn’t notable compared to the bottom 25% of dividend payers in the KR market (1.22%).
High Dividend: A162300's dividend (0.76%) is low compared to the top 25% of dividend payers in the KR market (3.95%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.4%), A162300's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: A162300 is paying a dividend but the company has no free cash flows.