Tung Ho Steel Enterprise Dividend
Dividend criteria checks 3/6
Tung Ho Steel Enterprise is a dividend paying company with a current yield of 5.77% that is well covered by earnings.
Key information
5.8%
Dividend yield
66%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$6.40 |
Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TNGHS's dividend payments have been volatile in the past 10 years.
Growing Dividend: TNGHS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tung Ho Steel Enterprise Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (TNGHS) | 5.8% |
Market Bottom 25% (LU) | 3.2% |
Market Top 25% (LU) | 10.8% |
Industry Average (Metals and Mining) | 3.8% |
Analyst forecast in 3 Years (TNGHS) | 5.3% |
Notable Dividend: TNGHS's dividend (5.77%) is higher than the bottom 25% of dividend payers in the Luxembourg market (3.22%).
High Dividend: TNGHS's dividend (5.77%) is low compared to the top 25% of dividend payers in the Luxembourg market (10.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.6%), TNGHS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (101.5%), TNGHS's dividend payments are not well covered by cash flows.