Elastron (ATH:ELSTR) Dividend Payout Ratio : 0.00 (As of Jun. 2023)

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What is Elastron Dividend Payout Ratio?

Elastron's dividend payout ratio for the months ended in Jun. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Elastron SA is 1.57, which seems too high.

The historical rank and industry rank for Elastron's Dividend Payout Ratio or its related term are showing as below:

ATH:ELSTR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.28 Max: 1.57
Current: 1.57

During the past 13 years, the highest Dividend Payout Ratio of Elastron was 1.57. The lowest was 0.03. And the median was 0.28.

ATH:ELSTR's Dividend Payout Ratio is ranked worse than
91.61% of 310 companies
in the Steel industry
Industry Median: 0.3 vs ATH:ELSTR: 1.57

As of today (2024-06-25), the Dividend Yield % of Elastron is 9.57%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Elastron was 12.42%. The lowest was 1.02%. And the median was 8.48%.

Elastron's Dividends per Share for the months ended in Jun. 2023 was €0.00.

During the past 12 months, Elastron's average Dividends Per Share Growth Rate was 870.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Elastron Dividend Payout Ratio Historical Data

The historical data trend for Elastron's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Elastron Dividend Payout Ratio Chart

Elastron Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dividend Payout Ratio

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0.03

0.52

Elastron Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	0.10	-	3.54	-

Competitive Comparison of Elastron's Dividend Payout Ratio

For the Steel subindustry, Elastron's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Elastron's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Elastron's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Elastron's Dividend Payout Ratio falls into.

Elastron Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Elastron's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	0.262	/	0.506
	=	0.52

Elastron's Dividend Payout Ratio for the quarter that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2023 )	/	Earnings per Share (Diluted) (Q: Jun. 2023 )
	=	0	/	0.093
	=	0.00

Elastron (ATH:ELSTR) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Elastron Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Elastron's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Elastron (ATH:ELSTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Elastron SA (ATH:ELSTR) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Agios Loannis Avenue, Aspropyrgos, GRC, 193 00

Website

http://www.elastron.gr

Elastron SA is a Greece based company engaged in importing, processing, and trading of steel, steel plates, iron and metal goods, and related goods. The business segments are Steel products, Energy segment, and Agricultural products. The company processes, produces and resells steel products and insulated composite panels in Steel products segment. Electrical energy segment includes production of electric energy from photovoltaic stations. Agricultural products segment consists production of agricultural products from glasshouse cultivations. The group generates majority of the revenue from the Steel products segment. It makes sales in Greece, and internationally, of which sales in Greece constitutes mainly to the revenue.

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