Sheng Yu Steel Co., Ltd.

TWSE:2029 Stock Report

Market Cap: NT$8.9b

Sheng Yu Steel Dividend

Dividend criteria checks 5/6

Sheng Yu Steel is a dividend paying company with a current yield of 4.51% that is well covered by earnings. Next payment date is on 16th August, 2024 with an ex-dividend date of 16th July, 2024.

Key information

4.5%

Dividend yield

64%

Payout ratio

Industry average yield3.7%
Next dividend pay date16 Aug 24
Ex dividend date16 Jul 24
Dividend per sharen/a
Earnings per shareNT$1.94
Dividend yield forecast in 3Yn/a

Recent dividend updates

Sheng Yu Steel's (TWSE:2029) Upcoming Dividend Will Be Larger Than Last Year's

Jun 09
Sheng Yu Steel's (TWSE:2029) Upcoming Dividend Will Be Larger Than Last Year's

Sheng Yu Steel (TWSE:2029) Has Announced That It Will Be Increasing Its Dividend To NT$1.25

May 26
Sheng Yu Steel (TWSE:2029) Has Announced That It Will Be Increasing Its Dividend To NT$1.25

Sheng Yu Steel (TWSE:2029) Will Pay A Larger Dividend Than Last Year At NT$1.25

May 12
Sheng Yu Steel (TWSE:2029) Will Pay A Larger Dividend Than Last Year At NT$1.25

Recent updates

Sheng Yu Steel's (TWSE:2029) Upcoming Dividend Will Be Larger Than Last Year's

Jun 09
Sheng Yu Steel's (TWSE:2029) Upcoming Dividend Will Be Larger Than Last Year's

Sheng Yu Steel (TWSE:2029) Has Announced That It Will Be Increasing Its Dividend To NT$1.25

May 26
Sheng Yu Steel (TWSE:2029) Has Announced That It Will Be Increasing Its Dividend To NT$1.25

Sheng Yu Steel (TWSE:2029) Will Pay A Larger Dividend Than Last Year At NT$1.25

May 12
Sheng Yu Steel (TWSE:2029) Will Pay A Larger Dividend Than Last Year At NT$1.25

Should You Or Shouldn't You: A Dividend Analysis on Sheng Yu Steel Co., Ltd. (TPE:2029)

Apr 21
Should You Or Shouldn't You: A Dividend Analysis on Sheng Yu Steel Co., Ltd. (TPE:2029)

Are Investors Concerned With What's Going On At Sheng Yu Steel (TPE:2029)?

Mar 09
Are Investors Concerned With What's Going On At Sheng Yu Steel (TPE:2029)?

We Think Sheng Yu Steel (TPE:2029) Can Manage Its Debt With Ease

Jan 31
We Think Sheng Yu Steel (TPE:2029) Can Manage Its Debt With Ease

Sheng Yu Steel (TPE:2029) Has Compensated Shareholders With A Respectable 88% Return On Their Investment

Jan 04
Sheng Yu Steel (TPE:2029) Has Compensated Shareholders With A Respectable 88% Return On Their Investment

Is Sheng Yu Steel (TPE:2029) Headed For Trouble?

Dec 09
Is Sheng Yu Steel (TPE:2029) Headed For Trouble?

Upcoming Dividend Payment

TodayJun 17 2024Ex Dividend DateJul 16 2024Dividend Pay DateAug 16 202431 days from Ex DividendBuy in the next 28 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 2029's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2029's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Sheng Yu Steel Dividend Yield vs Market
How does 2029 dividend yield compare to the market?
SegmentDividend Yield
Company (2029)4.5%
Market Bottom 25% (TW)1.7%
Market Top 25% (TW)4.2%
Industry Average (Metals and Mining)3.7%
Analyst forecast in 3 Years (2029)n/a

Notable Dividend: 2029's dividend (4.51%) is higher than the bottom 25% of dividend payers in the TW market (1.73%).

High Dividend: 2029's dividend (4.51%) is in the top 25% of dividend payers in the TW market (4.23%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (64.4%), 2029's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (47.7%), 2029's dividend payments are well covered by cash flows.


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