Tree Island Steel Dividend
Dividend criteria checks 4/6
Tree Island Steel is a dividend paying company with a current yield of 6.92% that is well covered by earnings.
Key information
6.9%
Dividend yield
44%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.28 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TWIR.F has been paying a dividend for less than 10 years.
Growing Dividend: TWIR.F's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Tree Island Steel Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TWIR.F) | 6.9% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Metals and Mining) | 2.1% |
Analyst forecast in 3 Years (TWIR.F) | n/a |
Notable Dividend: TWIR.F's dividend (6.92%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: TWIR.F's dividend (6.92%) is in the top 25% of dividend payers in the US market (4.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.2%), TWIR.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.8%), TWIR.F's dividend payments are well covered by cash flows.