Champion Iron Dividend
Dividend criteria checks 2/6
Champion Iron is a dividend paying company with a current yield of 3.56% that is well covered by earnings. Next payment date is on 28th November, 2024 with an ex-dividend date of 12th November, 2024.
Key information
3.6%
Dividend yield
41%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | 28 Nov 24 |
| Ex dividend date | 12 Nov 24 |
| Dividend per share | US$0.144 |
| Earnings per share | US$0.49 |
| Future Dividend Yield | 3.8% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CIAF.F has been paying a dividend for less than 10 years.
Growing Dividend: CIAF.F's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Champion Iron Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CIAF.F) | 3.6% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.6% |
| Industry Average (Metals and Mining) | 1.9% |
| Analyst forecast (CIAF.F) (up to 3 years) | 3.8% |
Notable Dividend: CIAF.F's dividend (3.56%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: CIAF.F's dividend (3.56%) is low compared to the top 25% of dividend payers in the US market (4.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.9%), CIAF.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CIAF.F is paying a dividend but the company has no free cash flows.