Hsin Kuang Steel Company Limited

TWSE:2031 Stock Report

Market Cap: NT$18.9b

Hsin Kuang Steel Dividend

Dividend criteria checks 4/6

Hsin Kuang Steel is a dividend paying company with a current yield of 4.92% that is well covered by earnings.

Key information

4.9%

Dividend yield

58%

Payout ratio

Industry average yield2.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareNT$5.15
Dividend yield forecast in 3Y5.6%

Recent dividend updates

Recent updates

Returns Are Gaining Momentum At Hsin Kuang Steel (TPE:2031)

Apr 20
Returns Are Gaining Momentum At Hsin Kuang Steel (TPE:2031)

Here's Why Hsin Kuang Steel (TPE:2031) Has A Meaningful Debt Burden

Mar 21
Here's Why Hsin Kuang Steel (TPE:2031) Has A Meaningful Debt Burden

Is Hsin Kuang Steel Company Limited's (TPE:2031) 9.1% ROE Better Than Average?

Mar 01
Is Hsin Kuang Steel Company Limited's (TPE:2031) 9.1% ROE Better Than Average?

Hsin Kuang Steel (TPE:2031) Has Gifted Shareholders With A Fantastic 238% Total Return On Their Investment

Feb 11
Hsin Kuang Steel (TPE:2031) Has Gifted Shareholders With A Fantastic 238% Total Return On Their Investment

Estimating The Intrinsic Value Of Hsin Kuang Steel Company Limited (TPE:2031)

Jan 25
Estimating The Intrinsic Value Of Hsin Kuang Steel Company Limited (TPE:2031)

Is Hsin Kuang Steel Company Limited (TPE:2031) A Great Dividend Stock?

Jan 07
Is Hsin Kuang Steel Company Limited (TPE:2031) A Great Dividend Stock?

These 4 Measures Indicate That Hsin Kuang Steel (TPE:2031) Is Using Debt Extensively

Dec 20
These 4 Measures Indicate That Hsin Kuang Steel (TPE:2031) Is Using Debt Extensively

Is There More Growth In Store For Hsin Kuang Steel's (TPE:2031) Returns On Capital?

Dec 03
Is There More Growth In Store For Hsin Kuang Steel's (TPE:2031) Returns On Capital?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 2031's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2031's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Hsin Kuang Steel Dividend Yield vs Market
How does 2031 dividend yield compare to the market?
SegmentDividend Yield
Company (2031)4.9%
Market Bottom 25% (TW)1.8%
Market Top 25% (TW)4.5%
Industry Average (Metals and Mining)2.7%
Analyst forecast in 3 Years (2031)5.6%

Notable Dividend: 2031's dividend (4.92%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).

High Dividend: 2031's dividend (4.92%) is in the top 25% of dividend payers in the TW market (4.48%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (58.2%), 2031's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 2031 is paying a dividend but the company has no free cash flows.


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