Çemtas Çelik Makina Sanayi ve Ticaret Dividend
Dividend criteria checks 2/6
Çemtas Çelik Makina Sanayi ve Ticaret is a dividend paying company with a current yield of 1.38%.
Key information
1.4%
Dividend yield
91%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₺0.17 |
| Dividend yield forecast in 3Y | 1.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CEMTS has been paying a dividend for less than 10 years.
Growing Dividend: CEMTS's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Çemtas Çelik Makina Sanayi ve Ticaret Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CEMTS) | 1.4% |
| Market Bottom 25% (TR) | 0.4% |
| Market Top 25% (TR) | 2.1% |
| Industry Average (Metals and Mining) | 0.6% |
| Analyst forecast in 3 Years (CEMTS) | 1.4% |
Notable Dividend: CEMTS's dividend (1.38%) is higher than the bottom 25% of dividend payers in the TR market (0.38%).
High Dividend: CEMTS's dividend (1.38%) is low compared to the top 25% of dividend payers in the TR market (2.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.8%), CEMTS's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.4%), CEMTS's dividend payments are well covered by cash flows.