Leader Steel Holdings Berhad Dividend
What is Leader Steel Holdings Berhad current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Leader Steel Holdings Berhad Dividend Yield vs Market|
|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
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
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.