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Salzgitter AG (Salzgitter AG) Dividend Yield % : 2.07% (As of Jun. 06, 2024)


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What is Salzgitter AG Dividend Yield %?

As of today (2024-06-06), the Trailing Annual Dividend Yield of Salzgitter AG is 2.07%.

Warning Sign:

Salzgitter AG stock dividend yield is close to 3-year low.

The historical rank and industry rank for Salzgitter AG's Dividend Yield % or its related term are showing as below:

SZGPY' s Dividend Yield % Range Over the Past 10 Years
Min: 0.58   Med: 0.89   Max: 6.27
Current: 2.07

During the past 13 years, the highest Dividend Yield of Salzgitter AG was 6.27%. The lowest was 0.58%. And the median was 0.89%.

SZGPY's Dividend Yield % is ranked worse than
62.68% of 351 companies
in the Steel industry
Industry Median: 2.88 vs SZGPY: 2.07

Salzgitter AG's Dividend Payout Ratio for the three months ended in Mar. 2024 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 Salzgitter AG is 1.07, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Salzgitter AG was 1.07. The lowest was 0.04. And the median was 0.18.

As of today (2024-06-06), the Forward Dividend Yield % of Salzgitter AG is 2.07%.

Salzgitter AG's Dividends per Share for the three months ended in Mar. 2024 was $0.00.

During the past 12 months, Salzgitter AG's average Dividends Per Share Growth Rate was 33.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Salzgitter AG was 71.00% per year. The lowest was -45.70% per year. And the median was 10.90% per year.

The growth rate is calculated with least square regression.

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


Salzgitter AG Dividend Yield % Historical Data

The historical data trend for Salzgitter AG's Dividend Yield % 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.

Salzgitter AG Dividend Yield % Chart

Salzgitter AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.87 - - 2.63 3.38

Salzgitter AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.06 2.89 4.10 3.38 4.35

Competitive Comparison of Salzgitter AG's Dividend Yield %

For the Steel subindustry, Salzgitter AG's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Salzgitter AG's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Salzgitter AG's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Salzgitter AG's Dividend Yield % falls into.



Salzgitter AG Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Salzgitter AG Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0486902024-05-312024-05-312024-06-18Cash DividendannuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Salzgitter AG's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.04869/2.35
=2.07 %

Current Share Price is $2.35.
Salzgitter AG's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.04869.

Salzgitter AG's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.04869/2.35
=2.07 %

Current Share Price is $2.35.
Salzgitter AG's Dividends per Share for the forward twelve months is calculated as $0.04869 * 1 = $0.04869.

* 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.


Salzgitter AG  (OTCPK:SZGPY) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Salzgitter AG Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Salzgitter AG's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Salzgitter AG (Salzgitter AG) Business Description

Address
Eisenhüttenstrasse 99, Salzgitter, DEU, 38239
Salzgitter AG is a German-based steel & technology company. The segments of the company are Steel Production, Steel Processing, Trading, & Technology business. The majority is derived from the trading segment. Steel Production Business Unit manufactures high-quality branded steel & special steel. Steel Processing Business Unit produce a broad spectrum of high-grade plate products. Trading Business Unit operates a tightly-knit European sales network & trading companies & agencies that ensure that Salzgitter Group's products & services are marketed efficiently. Technology Business Unit operates in the filling & packing technology segment, as well as in special machinery engineering for shoe manufacturing & elastomer production. Geographically, the majority is derived from domestic markets.

Salzgitter AG (Salzgitter AG) Headlines

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