China Steel Dividends and Buybacks
Dividend criteria checks 0/6
China Steel is a dividend paying company with a current yield of 1.61%.
Key information
1.6%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 2.8% |
| Future Dividend Yield | 2.2% |
| Dividend Growth | -0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$0.350 |
| Payout ratio | 137% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2002A's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2002A's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| China Steel Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2002A) | 1.6% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Metals and Mining) | 3.0% |
| Analyst forecast (2002A) (up to 3 years) | 2.2% |
Notable Dividend: 2002A's dividend (1.61%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.75%).
High Dividend: 2002A's dividend (1.61%) is low compared to the top 25% of dividend payers in the TW market (4.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (136.8%), 2002A's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2002A is paying a dividend but the company has no free cash flows.