Stelco Holdings Dividend
Dividend criteria checks 3/6
Stelco Holdings is a dividend paying company with a current yield of 11.65% that is well covered by earnings. Next payment date is on 24th May, 2024 with an ex-dividend date of 16th May, 2024.
Key information
11.6%
Dividend yield
44%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | 24 May 24 |
Ex dividend date | 16 May 24 |
Dividend per share | n/a |
Earnings per share | US$4.06 |
Dividend yield forecast in 3Y | 4.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: STZH.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: STZH.F's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Stelco Holdings Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (STZH.F) | 11.6% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Metals and Mining) | 2.1% |
Analyst forecast in 3 Years (STZH.F) | 4.7% |
Notable Dividend: STZH.F's dividend (11.65%) is higher than the bottom 25% of dividend payers in the US market (1.51%).
High Dividend: STZH.F's dividend (11.65%) is in the top 25% of dividend payers in the US market (4.68%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.5%), STZH.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (211.4%), STZH.F's dividend payments are not well covered by cash flows.