China Steel Dividend yield

 Price  38.95
 Dividend  0.30
 Earnings  3.93
 Cash-flow  4.69
 Book value  21.64
 Equity  20.26

China Steel is part of Industrial Metals and Mining business, which is part of Basic Materials industry. China Steel is a company from Taiwan, and his stocks are publicly traded.

China Steel paid a total dividend of 4,721 million TWD last year, for a market value of 612,878 millions (Market Cap 480,063 millions). Dividend per share of China Steel is 0.30 TWD, and his stock market price 38.95 TWD.

According to the chart below, where dividend yield is displayed, China Steel has a dividend yield of 0.77%, lower than the amount offered by both the market average and companies from Taiwan. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare China Steel dividend yield with other Industrial Metals and Mining companies or firms from Taiwan.

Dividend yield of China Steel

China Steel Dividend Payout

About the ability of China Steel to maintain his current dividend of TWD 0.30 per share, an amount that accounts for 0.77%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Steel payout on ernings is currently 7.63%, which is lower than the market average and companies of Basic Materials industry, which are 38.25% and 40.37% respectively. Both figures lead us to believe that there is confidence that China Steelcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of China Steel is TWD 4.69 per share, which is higher than the dividend per share paid by the company of TWD 0.30, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of China Steel, compared againt world market average, Taiwan companies, Basic Materials industry and Industrial Metals and Mining sector companies.

China Steel payout

China Steel Dividend History

Year Yield  TWD  Paypout  Shares* 

*In millions

China Steel Stock performance

Finally, last moth China Steel showed a return of 8.20% compared to a worldwide 1.12% average, and a 3.95% of Basic Materials firms. Over the last year, the company obtained a 50.40% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Taiwan and Industrial Metals and Mining firms.

China Steel stock and market return