CSC Steel Holdings Berhad Dividend
Dividend criteria checks 3/6
CSC Steel Holdings Berhad is a dividend paying company with a current yield of 2.6% that is well covered by earnings. Next payment date is on 06 Jul 2023 with an ex-dividend date of 22 Jun 2023.
Key information
2.6%
Dividend yield
61%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | 06 Jul 23 |
| Ex dividend date | 22 Jun 23 |
| Dividend per share | RM0.03 |
| Earnings per share | RM0.05 |
| Dividend yield forecast in 3Y | 7.8% |
Recent dividend updates
The Returns At CSC Steel Holdings Berhad (KLSE:CSCSTEL) Aren't Growing
Jun 23
CSC Steel Holdings Berhad (KLSE:CSCSTEL) Is Increasing Its Dividend To RM0.14
Apr 29Recent updates
The Returns At CSC Steel Holdings Berhad (KLSE:CSCSTEL) Aren't Growing
Jun 23CSC Steel Holdings Berhad (KLSE:CSCSTEL) Is Increasing Its Dividend To RM0.14
Apr 29Here's What You Should Know About CSC Steel Holdings Berhad's (KLSE:CSCSTEL) 4.9% Dividend Yield
Apr 01Are Investors Undervaluing CSC Steel Holdings Berhad (KLSE:CSCSTEL) By 47%?
Mar 15The Returns At CSC Steel Holdings Berhad (KLSE:CSCSTEL) Provide Us With Signs Of What's To Come
Feb 25Reflecting on CSC Steel Holdings Berhad's (KLSE:CSCSTEL) Share Price Returns Over The Last Three Years
Feb 01
What Is The Ownership Structure Like For CSC Steel Holdings Berhad (KLSE:CSCSTEL)?
Jan 10Should You Use CSC Steel Holdings Berhad's (KLSE:CSCSTEL) Statutory Earnings To Analyse It?
Dec 20Should CSC Steel Holdings Berhad (KLSE:CSCSTEL) Be Part Of Your Income Portfolio?
Nov 30Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2025 | 0.089 | 7.8% |
| 12/31/2024 | 0.088 | 7.7% |
| 12/31/2023 | 0.076 | 6.7% |
| 5/30/2023 | 0.03 | 2.6% |
| 4/28/2023 | 0.03 | 2.6% |
| 2/21/2022 | 0.14 | 11% |
| 2/22/2021 | 0.07 | 5.1% |
| 5/22/2020 | 0.066 | 7% |
| 4/26/2019 | 0.04 | 4.2% |
| 2/26/2019 | 0.04 | 3.7% |
| 4/26/2018 | 0.1 | 8.4% |
| 11/24/2017 | 0.1 | 6.8% |
| 2/13/2017 | 0.1 | 5.5% |
| 2/22/2016 | 0.08 | 5% |
| 2/10/2015 | 0.03 | 3% |
| 2/21/2014 | 0.07 | 6% |
| 2/5/2013 | 0.07 | 5.4% |
Stable Dividend: CSCSTEL's dividend payments have been volatile in the past 10 years.
Growing Dividend: CSCSTEL's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| CSC Steel Holdings Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CSCSTEL) | 2.6% |
| Market Bottom 25% (MY) | 2.1% |
| Market Top 25% (MY) | 5.3% |
| Industry Average (Metals and Mining) | 1.7% |
| Analyst forecast in 3 Years (CSCSTEL) | 7.8% |
Notable Dividend: CSCSTEL's dividend (2.63%) is higher than the bottom 25% of dividend payers in the MY market (2.14%).
High Dividend: CSCSTEL's dividend (2.63%) is low compared to the top 25% of dividend payers in the MY market (5.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.5%), CSCSTEL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.4%), CSCSTEL's dividend payments are thoroughly covered by cash flows.