Evergreen Steel Dividend
Dividend criteria checks 3/6
Evergreen Steel is a dividend paying company with a current yield of 4.76% that is well covered by earnings. Next payment date is on 8th August, 2024 with an ex-dividend date of 16th July, 2024.
Key information
4.8%
Dividend yield
74%
Payout ratio
| Industry average yield | 3.7% |
| Next dividend pay date | 08 Aug 24 |
| Ex dividend date | 16 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | NT$8.79 |
| Dividend yield forecast in 3Y | 4.8% |
Recent dividend updates
Recent updates
Evergreen Steel's (TWSE:2211) Dividend Will Be Increased To NT$6.50
Jun 27
Is Evergreen Steel (TWSE:2211) A Risky Investment?
Apr 29Evergreen Steel (TWSE:2211) Has More To Do To Multiply In Value Going Forward
Apr 08Do Evergreen Steel's (TWSE:2211) Earnings Warrant Your Attention?
Mar 04Is Evergreen Steel Corp. (GTSM:2211) An Attractive Dividend Stock?
Mar 15Here's Why Evergreen Steel (GTSM:2211) Can Manage Its Debt Responsibly
Feb 20
Does Evergreen Steel's (GTSM:2211) Share Price Gain of 13% Match Its Business Performance?
Feb 05Has Evergreen Steel (GTSM:2211) Got What It Takes To Become A Multi-Bagger?
Jan 21Evergreen Steel Corp.'s (GTSM:2211) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Jan 06Is Evergreen Steel Corp. (GTSM:2211) A Good Dividend Stock?
Dec 15Should You Use Evergreen Steel's (GTSM:2211) Statutory Earnings To Analyse It?
Nov 24Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2211 has been paying a dividend for less than 10 years.
Growing Dividend: 2211's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Evergreen Steel Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2211) | 4.8% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.2% |
| Industry Average (Metals and Mining) | 3.7% |
| Analyst forecast in 3 Years (2211) | 4.8% |
Notable Dividend: 2211's dividend (4.76%) is higher than the bottom 25% of dividend payers in the TW market (1.67%).
High Dividend: 2211's dividend (4.76%) is in the top 25% of dividend payers in the TW market (4.2%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74%), 2211's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (124.8%), 2211's dividend payments are not well covered by cash flows.