08-31-2023
| HKD/share | |
| Price | 1.34 |
| Dividend | 0.02 |
| Earnings | -0.11 |
| Cash-flow | 0.96 |
| Book value | 4.47 |
| Equity | 4.23 |
Maanshan Iron & St H is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Maanshan Iron & St H is a company from China, and his stocks are publicly traded.
Maanshan Iron & St H stock dividend
Maanshan Iron & St H paid a total dividend of 35 million HKD last year, for a market value of 2,322 millions (Market Cap 1,121 millions). Maanshan Iron & St H dividend per share is 0.02 HKD, and his stock market price 1.34 HKD.
According to the chart below, where dividend yield is displayed, Maanshan Iron & St H has a dividend yield of 1.61%, lower than the amount offered by both the market average and companies from China. 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 Maanshan Iron & St H stocks dividend with other Industrial Metals and Mining companies or other of the high China dividend stocks list.
Maanshan Iron & St H Dividend Payout
About the ability of Maanshan Iron & St H to maintain his current dividend of HKD 0.02 per share, an amount that accounts for 1.61%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Maanshan Iron & St H payout on ernings is currently -18.18%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Maanshan Iron & St Hcan 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 Maanshan Iron & St H is HKD 0.96 per share, which is higher than the dividend per share paid by the company of HKD 0.02, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Maanshan Iron & St H, compared againt world market average, China companies, Basic Materials industry and Industrial Metals and Mining sector companies.
Maanshan Iron & St H Dividend History
Below you will find a table with the historical evolution of Maanshan Iron & St H's dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
| Year | Yield | HKD | Paypout | Shares* |
| Present | 1.61% | 0.02 | -18.18% | 1,733 |
| 2022 | 21.59% | 0.39 | 49.37% | 1,733 |
| 2021 | 5.46% | 0.16 | 48.48% | 1,733 |
| 2020 | 4.43% | 0.09 | 19.57% | 1,733 |
| 2019 | 12.74% | 0.40 | 45.45% | 1,733 |
| 2018 | 7.20% | 0.25 | 40.32% | 1,733 |
| 2017 | 0.00% | 0.00 | 0.00% | 1,733 |
| 2016 | 0.00% | 0.00 | 0.00% | 1,733 |
| 2015 | 0.00% | 0.00 | 0.00% | 1,733 |
*In millions
Then you can see the evolution of Maanshan Iron & St H dividend stock, and compare it with the average of China stocks and that of the Industrial Metals and Mining stocks.
Maanshan Iron & St H Stock performance
Finally, last moth Maanshan Iron & St H showed a return of -17.30% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -34.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Industrial Metals and Mining firms.
