China Steel Dividend
Dividend criteria checks 0/6
China Steel is a dividend paying company with a current yield of 1.51%. Next payment date is on 28th August, 2024 with an ex-dividend date of 25th July, 2024.
Key information
1.5%
Dividend yield
180%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 28 Aug 24 |
| Ex dividend date | 25 Jul 24 |
| Dividend per share | NT$0.350 |
| Earnings per share | NT$0.20 |
| Dividend yield forecast in 3Y | 3.6% |
Recent dividend updates
China Steel (TWSE:2002) Is Paying Out Less In Dividends Than Last Year
Jul 23
China Steel (TWSE:2002) Will Pay A Smaller Dividend Than Last Year
Jul 04Recent updates
China Steel (TWSE:2002) Is Paying Out Less In Dividends Than Last Year
Jul 23China Steel (TWSE:2002) Will Pay A Smaller Dividend Than Last Year
Jul 04China Steel (TWSE:2002) Has A Somewhat Strained Balance Sheet
Jun 13Pinning Down China Steel Corporation's (TWSE:2002) P/S Is Difficult Right Now
May 02China Steel (TWSE:2002) Could Be Struggling To Allocate Capital
Apr 13We Think China Steel (TWSE:2002) Has A Fair Chunk Of Debt
Feb 29We Think China Steel (TPE:2002) Is Taking Some Risk With Its Debt
Mar 12Do Investors Have Good Reason To Be Wary Of China Steel Corporation's (TPE:2002) 2.0% Dividend Yield?
Feb 22Calculating The Intrinsic Value Of China Steel Corporation (TPE:2002)
Jan 23
Did You Participate In Any Of China Steel's (TPE:2002) Respectable 63% Return?
Dec 28Are Dividend Investors Making A Mistake With China Steel Corporation (TPE:2002)?
Nov 23Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2002's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2002's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| China Steel Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2002) | 1.5% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.3% |
| Industry Average (Metals and Mining) | 2.8% |
| Analyst forecast in 3 Years (2002) | 3.6% |
Notable Dividend: 2002's dividend (1.51%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.72%).
High Dividend: 2002's dividend (1.51%) is low compared to the top 25% of dividend payers in the TW market (4.33%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (180.3%), 2002's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2002 is paying a dividend but the company has no free cash flows.