China Steel Dividend yield

 Price  26.50
 Dividend  1.00
 Earnings  1.14
 Cash-flow  1.60
 Book value  20.38
 Equity  21.11

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

China Steel stock dividend

China Steel paid a total dividend of 15,735 million TWD last year, for a market value of 416,978 millions (Market Cap 326,616 millions). China Steel dividend per share is 1.00 TWD, and his stock market price 26.50 TWD.

According to the chart below, where dividend yield is displayed, China Steel has a dividend yield of 3.77%, which is similar to the amount offered by both the market average and companies from Taiwan. 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 China Steel stocks dividend with other Industrial Metals and Mining companies or other of the best Taiwan dividend stocks list.

Dividend yield of China Steel

China Steel Dividend Payout

About the ability of China Steel to maintain his current dividend of TWD 1.00 per share, an amount that accounts for 3.77%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Steel payout on ernings is currently 87.72%, 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 China Steel 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 China Steel is TWD 1.60 per share, which is higher than the dividend per share paid by the company of TWD 1.00, so the company generates enough cash to maintain his dividend in the future.

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

China Steel payout

China Steel Dividend History

Below you will find a table with the historical evolution of China Steel's dividend stock, both in percentage and in TWD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  TWD  Paypout  Shares* 

*In millions

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

China Steel stock dividend history

China Steel Stock performance

Finally, last moth China Steel showed a return of -5.20% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -8.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Taiwan and Industrial Metals and Mining firms.

China Steel stock and market return