Leader Steel Holdings Berhad

KLSE:LSTEEL Stock Report

Mkt Cap: RM72.0m

Leader Steel Holdings Berhad Dividend

What is Leader Steel Holdings Berhad current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.80%

Current Dividend Yield

Dividend Yield vs Market

Leader Steel Holdings Berhad Dividend Yield vs Market
How does LSTEEL dividend yield compare to the market?
SegmentDividend Yield
Company (LSTEEL)2.8%
Market Bottom 25% (MY)2.1%
Market Top 25% (MY)5.2%
Industry Average (Metals and Mining)1.7%
Analyst forecast in 3 Years (LSTEEL)n/a

Notable Dividend: LSTEEL's dividend (2.8%) is higher than the bottom 25% of dividend payers in the MY market (2.13%).

High Dividend: LSTEEL's dividend (2.8%) is low compared to the top 25% of dividend payers in the MY market (5.23%).


Stability and Growth of Payments

How stable has Leader Steel Holdings Berhad's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
11/20/20220.0152.8
9/1/20220.0152.93
6/16/20220.0152.74
4/29/2022-0
2/24/2022-0
4/28/20210.0152.32
3/25/20210.0152.6
3/5/2013-0
12/4/2012-0
8/30/2012-0
6/1/2012-0
5/3/2012-0

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

Growing Dividend: LSTEEL has only been paying a dividend for 2 years, and since then payments have not increased.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (11%), LSTEEL's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (7.5%), LSTEEL's dividend payments are thoroughly covered by cash flows.


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