SSAB Dividend
Dividend criteria checks 4/6
SSAB is a dividend paying company with a current yield of 9.4% that is well covered by earnings.
Key information
9.4%
Dividend yield
49%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.479 |
| Earnings per share | US$10.43 |
| Dividend yield forecast | 4.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SSAA.Y has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SSAA.Y's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| SSAB Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SSAA.Y) | 9.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Metals and Mining) | 1.7% |
| Analyst forecast (SSAA.Y) (up to 3 years) | 4.9% |
Notable Dividend: SSAA.Y's dividend (9.4%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: SSAA.Y's dividend (9.4%) is in the top 25% of dividend payers in the US market (4.32%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.7%), SSAA.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.5%), SSAA.Y's dividend payments are well covered by cash flows.