SSAB Dividend
Dividend criteria checks 4/6
SSAB is a dividend paying company with a current yield of 9.74% that is well covered by earnings.
Key information
9.7%
Dividend yield
49%
Payout ratio
| Industry average yield | 1.8% |
| 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 in 3Y | 5.1% |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SSAB.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SSAB.F'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 (SSAB.F) | 9.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Metals and Mining) | 1.8% |
| Analyst forecast in 3 Years (SSAB.F) | 5.1% |
Notable Dividend: SSAB.F's dividend (9.74%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: SSAB.F's dividend (9.74%) is in the top 25% of dividend payers in the US market (4.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.7%), SSAB.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.5%), SSAB.F's dividend payments are well covered by cash flows.