Sims Metal Managemen Dividend yield




   AUD/share 
 Price  13.09
 Dividend  0.91
 Earnings  3.12
 Cash-flow  2.79
 Book value  13.09
 Equity  12.09

Sims Metal Managemen is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Sims Metal Managemen is a company from Australia, and his stocks are publicly traded.

Sims Metal Managemen paid a total dividend of 177 million AUD last year, for a market value of 2,553 millions (Market Cap 2,092 millions). Dividend per share of Sims Metal Managemen is 0.91 AUD, and his stock market price 13.09 AUD.

According to the chart below, where dividend yield is displayed, Sims Metal Managemen has a dividend yield of 6.95%, which is higher than the amount offered by both the market average and companies from Australia. 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 Sims Metal Managemen dividend yield with other Industrial Metals and Mining companies or firms from Australia.

Dividend yield of Sims Metal Managemen

Sims Metal Managemen Dividend Payout

About the ability of Sims Metal Managemen to maintain his current dividend of AUD 0.91 per share, an amount that accounts for 6.95%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sims Metal Managemen payout on ernings is currently 29.17%, which is lower than the market average and companies of Basic Materials industry, which are 41.22% and 44.27% respectively. Both figures lead us to believe that there is confidence that Sims Metal Managemencan 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 Sims Metal Managemen is AUD 2.79 per share, which is higher than the dividend per share paid by the company of AUD 0.91, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Sims Metal Managemen, compared againt world market average, Australia companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Sims Metal Managemen payout

Sims Metal Managemen Dividend History

Year Yield  AUD  Paypout  Shares* 
Present6.95%0.9129.17%195
20212.62%0.4236.21%198
20201.86%0.25-18.80%201
20193.94%0.4250.60%203
20185.28%0.5350.48%203
20172.54%0.4037.74%201
20161.76%0.22-21.57%199
20154.30%0.2947.54%205

*In millions

Sims Metal Managemen Stock performance

Finally, last moth Sims Metal Managemen showed a return of 0.80% compared to a worldwide -2.30% average, and a -2.88% of Basic Materials firms. Over the last year, the company obtained a -18.50% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for Australia and Industrial Metals and Mining firms.

Sims Metal Managemen stock and market return