Iskenderun Demir Ve Dividend yield

 Price  27.40
 Dividend  4.50
 Earnings  2.25
 Cash-flow  0.62
 Book value  13.70
 Equity  10.61

Iskenderun Demir Ve is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Iskenderun Demir Ve is a company from Turkey, and his stocks are publicly traded.

Iskenderun Demir Ve paid a total dividend of 13,050 million TRY last year, for a market value of 79,460 millions (Market Cap 4,074 millions). Dividend per share of Iskenderun Demir Ve is 4.50 TRY, and his stock market price 27.40 TRY.

According to the chart below, where dividend yield is displayed, Iskenderun Demir Ve has a dividend yield of 16.42%, which is higher than the amount offered by both the market average and companies from Turkey. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Iskenderun Demir Ve dividend yield with other Industrial Metals and Mining companies or firms from Turkey.

Dividend yield of Iskenderun Demir Ve

Iskenderun Demir Ve Dividend Payout

About the ability of Iskenderun Demir Ve to maintain his current dividend of TRY 4.50 per share, an amount that accounts for 16.42%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Iskenderun Demir Ve payout on ernings is currently 200.00%, which is higher than the market average, and companies of Basic Materials industry, which are 38.25% and 40.37% respectively. Both figures show that Iskenderun Demir Ve can have problems to keep with his present dividend yield.

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 Iskenderun Demir Ve is TRY 0.62 per share, which is lower than the dividend per share paid by the company of TRY 4.50, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Iskenderun Demir Ve, compared againt world market average, Turkey companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Iskenderun Demir Ve payout

Iskenderun Demir Ve Dividend History

Year Yield  TRY  Paypout  Shares* 

*In millions

Iskenderun Demir Ve Stock performance

Finally, last moth Iskenderun Demir Ve showed a return of 19.30% compared to a worldwide 1.12% average, and a 3.95% of Basic Materials firms. Over the last year, the company obtained a 127.80% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Turkey and Industrial Metals and Mining firms.

Iskenderun Demir Ve stock and market return