This company has been acquired
Stelco Holdings Dividends and Buybacks
Dividend criteria checks 3/6
Stelco Holdings is a dividend paying company with a current yield of 7.31% that is well covered by earnings.
Key information
7.3%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 8.0% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | 30.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$3.642 |
| Payout ratio | 59% |
Recent dividend and buyback 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 7 years.
Dividend Yield vs Market
| Stelco Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (STZH.F) | 7.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Metals and Mining) | 1.9% |
| Analyst forecast (STZH.F) (up to 3 years) | 4.4% |
Notable Dividend: STZH.F's dividend (7.31%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: STZH.F's dividend (7.31%) is in the top 25% of dividend payers in the US market (4.5%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.6%), STZH.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (195.9%), STZH.F's dividend payments are not well covered by cash flows.