Angang Steel (H) Dividend yield




   HKD/share 
 Price  4.80
 Dividend  0.10
 Earnings  0.28
 Cash-flow  1.26
 Book value  6.86
 Equity  6.83

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) paid a total dividend of 141 million HKD last year, for a market value of 6,778 millions (Market Cap 6,775 millions). Dividend per share of Angang Steel (H) is 0.10 HKD, and his stock market price 4.80 HKD.

According to the chart below, where dividend yield is displayed, Angang Steel (H) has a dividend yield of 2.10%, 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) dividend yield with other Industrial Metals and Mining companies or firms from China.

Dividend yield of Angang Steel (H)

Angang Steel (H) Dividend Payout

About the ability of Angang Steel (H) to maintain his current dividend of HKD 0.10 per share, an amount that accounts for 2.10%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Angang Steel (H) payout on ernings is currently 35.71%, which is lower than the market average and companies of Basic Materials industry, which are 39.27% and 51.13% 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 1.26 per share, which is higher than the dividend per share paid by the company of HKD 0.10, 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) payout

Angang Steel (H) Dividend History

Year Yield  HKD  Paypout  Shares* 
Present2.10%0.1035.71%1,412
20202.14%0.0728.00%1,412
20195.84%0.1920.00%1,412
20184.90%0.2628.26%1,086
20171.12%0.0827.59%1,086
20160.00%0.000.00%1,086
20151.80%0.0527.78%1,086

*In millions

Angang Steel (H) Stock performance

Finally, last moth Angang Steel (H) showed a return of -19.30% compared to a worldwide -1.33% average, and a -2.32% of Basic Materials firms. Over the last year, the company obtained a 131.90% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for China and Industrial Metals and Mining firms.

Angang Steel (H) stock and market return