Worthington Steel Dividend
Dividend criteria checks 3/6
Worthington Steel is a dividend paying company with a current yield of 2.02% that is well covered by earnings.
Key information
2.0%
Dividend yield
5%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$3.35 |
Dividend yield forecast in 3Y | 2.0% |
Recent dividend updates
Recent updates
Worthington Steel, Inc. (NYSE:WS) Looks Inexpensive But Perhaps Not Attractive Enough
May 11Worthington Steel (NYSE:WS) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Mar 29Worthington Steel: A Strong Start Post Separation
Mar 26A Look At The Fair Value Of Worthington Steel, Inc. (NYSE:WS)
Mar 23These 4 Measures Indicate That Worthington Steel (NYSE:WS) Is Using Debt Safely
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether WS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if WS's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Worthington Steel Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (WS) | 2.0% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Metals and Mining) | 2.2% |
Analyst forecast in 3 Years (WS) | 2.0% |
Notable Dividend: WS's dividend (2.02%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: WS's dividend (2.02%) is low compared to the top 25% of dividend payers in the US market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.7%), WS's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.4%), WS's dividend payments are well covered by cash flows.