Steel & Tube Holdings Dividend
Dividend criteria checks 2/6
Steel & Tube Holdings is a dividend paying company with a current yield of 4%. Next payment date is on 27th September, 2024 with an ex-dividend date of 5th September, 2024.
Key information
4.0%
Dividend yield
379%
Payout ratio
| Industry average yield | 5.6% |
| Next dividend pay date | 27 Sep 24 |
| Ex dividend date | 05 Sep 24 |
| Dividend per share | NZ$0.040 |
| Earnings per share | NZ$0.016 |
| Dividend yield forecast in 3Y | 9.1% |
Recent dividend updates
Recent updates
Steel & Tube Holdings' (NZSE:STU) Dividend Will Be Reduced To NZ$0.0235
Aug 29
Steel & Tube Holdings Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 28Steel & Tube Holdings Limited (NZSE:STU) Shares Could Be 27% Below Their Intrinsic Value Estimate
Jul 17Fewer Investors Than Expected Jumping On Steel & Tube Holdings Limited (NZSE:STU)
Jun 20Increases to Steel & Tube Holdings Limited's (NZSE:STU) CEO Compensation Might Cool off for now
Sep 22Steel & Tube Holdings (NZSE:STU) Is Paying Out Less In Dividends Than Last Year
Aug 28Steel & Tube Holdings' (NZSE:STU) Upcoming Dividend Will Be Larger Than Last Year's
Sep 07Steel & Tube Holdings (NZSE:STU) Is Increasing Its Dividend To NZ$0.0816
Aug 24Steel & Tube Holdings Limited (NZSE:STU) Shares Could Be 32% Below Their Intrinsic Value Estimate
Jun 08Here's Why Shareholders May Want To Be Cautious With Increasing Steel & Tube Holdings Limited's (NZSE:STU) CEO Pay Packet
Sep 23Steel & Tube Holdings' (NZSE:STU) Promising Earnings May Rest On Soft Foundations
Aug 30Is Steel & Tube Holdings (NZSE:STU) Using Debt Sensibly?
Nov 29Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: STU's dividend payments have been volatile in the past 10 years.
Growing Dividend: STU's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Steel & Tube Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (STU) | 4.0% |
| Market Bottom 25% (NZ) | 3.5% |
| Market Top 25% (NZ) | 6.4% |
| Industry Average (Metals and Mining) | 5.6% |
| Analyst forecast in 3 Years (STU) | 9.1% |
Notable Dividend: STU's dividend (4%) is higher than the bottom 25% of dividend payers in the NZ market (3.51%).
High Dividend: STU's dividend (4%) is low compared to the top 25% of dividend payers in the NZ market (6.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (379.2%), STU's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.5%), STU's dividend payments are well covered by cash flows.