China Steel Chemical Dividend
Dividend criteria checks 2/6
China Steel Chemical is a dividend paying company with a current yield of 3.57% that is well covered by earnings.
Key information
3.6%
Dividend yield
67%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | NT$5.98 |
| Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
Recent updates
Is China Steel Chemical (TWSE:1723) Using Too Much Debt?
Mar 19
Our Take On The Returns On Capital At China Steel Chemical (TPE:1723)
Mar 09Is China Steel Chemical Corporation (TPE:1723) Expensive For A Reason? A Look At Its Intrinsic Value
Feb 22Here's Why China Steel Chemical (TPE:1723) Can Manage Its Debt Responsibly
Feb 08
Does It Make Sense To Buy China Steel Chemical Corporation (TPE:1723) For Its Yield?
Jan 25Reflecting on China Steel Chemical's (TPE:1723) Share Price Returns Over The Last Three Years
Jan 07China Steel Chemical Corporation (TPE:1723) On An Uptrend: Could Fundamentals Be Driving The Stock?
Dec 10Are Investors Concerned With What's Going On At China Steel Chemical (TPE:1723)?
Nov 23Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1723's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1723's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| China Steel Chemical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1723) | 3.6% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Chemicals) | 3.9% |
| Analyst forecast in 3 Years (1723) | 5.3% |
Notable Dividend: 1723's dividend (3.57%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 1723's dividend (3.57%) is low compared to the top 25% of dividend payers in the TW market (4.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.8%), 1723's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (148.4%), 1723's dividend payments are not well covered by cash flows.