Shougang Fushan Reso Dividend yield

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 stock dividend

Shougang Fushan Reso paid a total dividend of 2,172 million HKD last year, for a market value of 11,418 millions (Market Cap 4,043 millions). Shougang Fushan Reso dividend per share is 0.43 HKD, and his stock market price 2.26 HKD.

According to the chart below, where dividend yield is displayed, Shougang Fushan Reso has a dividend yield of 19.03%, 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 stocks dividend with other Mining companies or other of the high Hong-Kong dividend stocks list.

Shougang Fushan Reso Dividend Payout

About the ability of Shougang Fushan Reso to maintain his current dividend of HKD 0.43 per share, an amount that accounts for 19.03%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Shougang Fushan Reso payout on ernings is currently 72.88%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% 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 0.78 per share, which is higher than the dividend per share paid by the company of HKD 0.43, 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 Dividend History

Below you will find a table with the historical evolution of Shougang Fushan Reso'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	19.03%	0.43	72.88%	5,052
2022	18.88%	0.47	85.45%	5,052
2021	6.44%	0.17	65.38%	5,052
2020	8.90%	0.16	61.54%	5,052
2019	10.12%	0.17	70.83%	5,302
2018	9.75%	0.16	69.57%	5,302
2017	3.57%	0.06	120.00%	5,302
2016	3.59%	0.06	-150.00%	5,302
2015	3.56%	0.04	-133.33%	5,302

*In millions

Then you can see the evolution of Shougang Fushan Reso dividend stock, and compare it with the average of Hong-Kong stocks and that of the Mining stocks.

Shougang Fushan Reso Stock performance

Finally, last moth Shougang Fushan Reso showed a return of 0.90% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -9.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Hong-Kong and Mining firms.