08-31-2023
| AUD/share | |
| Price | 5.64 |
| Dividend | 0.15 |
| Earnings | 0.24 |
| Cash-flow | 0.41 |
| Book value | 1.94 |
| Equity | 1.78 |
Steadfast Group is part of Nonlife Insurance business, which is part of Financials industry. Steadfast Group is a company from Australia, and his stocks are publicly traded.
Steadfast Group stock dividend
Steadfast Group paid a total dividend of 156 million AUD last year, for a market value of 5,860 millions (Market Cap 5,770 millions). Steadfast Group dividend per share is 0.15 AUD, and his stock market price 5.64 AUD.
According to the chart below, where dividend yield is displayed, Steadfast Group has a dividend yield of 2.66%, lower than the amount offered by both the market average and companies from Australia. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Steadfast Group stocks dividend with other Nonlife Insurance companies or other of the high Australia dividend stocks list.
Steadfast Group Dividend Payout
About the ability of Steadfast Group to maintain his current dividend of AUD 0.15 per share, an amount that accounts for 2.66%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Steadfast Group payout on ernings is currently 62.50%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Steadfast Group 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 Steadfast Group is AUD 0.41 per share, which is higher than the dividend per share paid by the company of AUD 0.15, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Steadfast Group, compared againt world market average, Australia companies, Financials industry and Nonlife Insurance sector companies.
Steadfast Group Stock performance
Finally, last moth Steadfast Group showed a return of -3.30% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 11.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Nonlife Insurance firms.
