Shougang Fushan Reso Dividend yield




   HKD/share 
 Price  2.37
 Dividend  0.17
 Earnings  0.26
 Cash-flow  0.20
 Book value  2.96
 Equity  3.13

Shougang Fushan Reso is part of Mining business, which is part of Basic Materials industry. Shougang Fushan Reso is a company from Hong-Kong, and his stocks are publicly traded.

Shougang Fushan Reso paid a total dividend of 859 million HKD last year, for a market value of 11,973 millions (Market Cap 8,064 millions). Dividend per share of Shougang Fushan Reso is 0.17 HKD, and his stock market price 2.37 HKD.

According to the chart below, where dividend yield is displayed, Shougang Fushan Reso has a dividend yield of 7.17%, which is higher than the amount offered by both the market average and companies from Hong-Kong. 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 Shougang Fushan Reso dividend yield with other Mining companies or firms from Hong-Kong.

Dividend yield of Shougang Fushan Reso

Shougang Fushan Reso Dividend Payout

About the ability of Shougang Fushan Reso to maintain his current dividend of HKD 0.17 per share, an amount that accounts for 7.17%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Shougang Fushan Reso payout on ernings is currently 65.38%, which is higher than the market average, and companies of Basic Materials industry, which are 39.27% and 51.13% respectively. Both figures show that Shougang Fushan Reso 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 Shougang Fushan Reso is HKD 0.20 per share, which is higher than the dividend per share paid by the company of HKD 0.17, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Shougang Fushan Reso, compared againt world market average, Hong-Kong companies, Basic Materials industry and Mining sector companies.

Shougang Fushan Reso payout

Shougang Fushan Reso Dividend History

Year Yield  HKD  Paypout  Shares* 
Present7.17%0.1765.38%5,052
20208.90%0.1661.54%5,052
201910.12%0.1770.83%5,302
20189.75%0.1669.57%5,302
20173.57%0.06120.00%5,302
20163.59%0.06-150.00%5,302
20153.56%0.04-133.33%5,302

*In millions

Shougang Fushan Reso Stock performance

Finally, last moth Shougang Fushan Reso showed a return of -5.20% compared to a worldwide -1.33% average, and a -2.32% of Basic Materials firms. Over the last year, the company obtained a 42.80% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Hong-Kong and Mining firms.

Shougang Fushan Reso stock and market return