Angang Steel (H) Dividend yield

Angang Steel (H) is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Angang Steel (H) is a company from China, and his stocks are publicly traded.

Angang Steel (H) stock dividend

Angang Steel (H) paid a total dividend of 14 million HKD last year, for a market value of 2,838 millions (Market Cap 2,837 millions). Angang Steel (H) dividend per share is 0.01 HKD, and his stock market price 2.01 HKD.

According to the chart below, where dividend yield is displayed, Angang Steel (H) has a dividend yield of 0.36%, lower than the amount offered by both the market average and companies from China. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Angang Steel (H) stocks dividend with other Industrial Metals and Mining companies or other of the high China dividend stocks list.

Angang Steel (H) Dividend Payout

About the ability of Angang Steel (H) to maintain his current dividend of HKD 0.01 per share, an amount that accounts for 0.36%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Angang Steel (H) payout on ernings is currently 25.00%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Angang Steel (H)can 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 Angang Steel (H) is HKD 0.69 per share, which is higher than the dividend per share paid by the company of HKD 0.01, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Angang Steel (H), compared againt world market average, China companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Angang Steel (H) Dividend History

Below you will find a table with the historical evolution of Angang Steel (H)'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	0.36%	0.01	25.00%	1,412
2022	11.65%	0.25	29.41%	1,412
2021	2.91%	0.10	35.71%	1,412
2020	2.14%	0.07	28.00%	1,412
2019	5.84%	0.19	20.00%	1,412
2018	4.90%	0.26	28.26%	1,086
2017	1.12%	0.08	27.59%	1,086
2016	0.00%	0.00	0.00%	1,086
2015	1.80%	0.05	27.78%	1,086

*In millions

Then you can see the evolution of Angang Steel (H) dividend stock, and compare it with the average of China stocks and that of the Industrial Metals and Mining stocks.

Angang Steel (H) Stock performance

Finally, last moth Angang Steel (H) showed a return of -13.70% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -18.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Industrial Metals and Mining firms.