BENA Steel Industries Dividends and Buybacks
Dividend criteria checks 2/6
BENA Steel Industries is a dividend paying company with a current yield of 1.99%.
Key information
2.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ر.س0.750 |
| Payout ratio | 97% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 9563's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 9563's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| BENA Steel Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9563) | 2.0% |
| Market Bottom 25% (SA) | 1.8% |
| Market Top 25% (SA) | 4.7% |
| Industry Average (Metals and Mining) | 1.8% |
| Analyst forecast (9563) (up to 3 years) | n/a |
Notable Dividend: 9563's dividend (1.99%) is higher than the bottom 25% of dividend payers in the SA market (1.84%).
High Dividend: 9563's dividend (1.99%) is low compared to the top 25% of dividend payers in the SA market (4.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (97.2%), 9563's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.8%), 9563's dividend payments are well covered by cash flows.