08-31-2023
AUD/share | |
Price | 15.34 |
Dividend | 0.64 |
Earnings | 0.96 |
Cash-flow | 2.32 |
Book value | 13.95 |
Equity | 13.33 |
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 stock dividend
Sims Metal Managemen paid a total dividend of 124 million AUD last year, for a market value of 2,961 millions (Market Cap 2,430 millions). Sims Metal Managemen dividend per share is 0.64 AUD, and his stock market price 15.34 AUD.
According to the chart below, where dividend yield is displayed, Sims Metal Managemen has a dividend yield of 4.17%, which is similar to the amount offered by both the market average and companies from Australia. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.
In addition, you should compare Sims Metal Managemen stocks dividend with other Industrial Metals and Mining companies or other of the high Australia dividend stocks list.
Sims Metal Managemen Dividend Payout
About the ability of Sims Metal Managemen to maintain his current dividend of AUD 0.64 per share, an amount that accounts for 4.17%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sims Metal Managemen payout on ernings is currently 66.67%, 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 Sims Metal Managemen 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 Sims Metal Managemen is AUD 2.32 per share, which is higher than the dividend per share paid by the company of AUD 0.64, 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 Dividend History
Below you will find a table with the historical evolution of Sims Metal Managemen's dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | AUD | Paypout | Shares* |
Present | 4.17% | 0.64 | 66.67% | 193 |
2022 | 6.95% | 0.91 | 29.17% | 195 |
2021 | 2.62% | 0.42 | 36.21% | 198 |
2020 | 1.86% | 0.25 | -18.80% | 201 |
2019 | 3.94% | 0.42 | 50.60% | 203 |
2018 | 5.28% | 0.53 | 50.48% | 203 |
2017 | 2.54% | 0.40 | 37.74% | 201 |
2016 | 1.76% | 0.22 | -21.57% | 199 |
2015 | 4.30% | 0.29 | 47.54% | 205 |
*In millions
Then you can see the evolution of Sims Metal Managemen dividend stock, and compare it with the average of Australia stocks and that of the Industrial Metals and Mining stocks.
Sims Metal Managemen Stock performance
Finally, last moth Sims Metal Managemen showed a return of 1.60% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -0.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Industrial Metals and Mining firms.