Companhia Siderurgica Nacional Payout ratio
What is the Payout ratio of Companhia Siderurgica Nacional?
The Payout ratio of Companhia Siderurgica Nacional is 60.86%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Materials sector on NYSE compared to Companhia Siderurgica Nacional
What does Companhia Siderurgica Nacional do?
Companhia Siderúrgica Nacional lit. is the largest fully integrated steel producer in Brazil and one of the largest in Latin America in terms of crude steel production. Its main plant is located in the city of Volta Redonda, in the state of Rio de Janeiro.
Companies with payout ratio similar to Companhia Siderurgica Nacional
- Epwin Plc has Payout ratio of 60.70%
- Wyndham Destinations Inc has Payout ratio of 60.70%
- The Becker Milk has Payout ratio of 60.77%
- Torrent Power has Payout ratio of 60.78%
- Vistra Corp has Payout ratio of 60.82%
- EIH has Payout ratio of 60.83%
- Companhia Siderurgica Nacional has Payout ratio of 60.86%
- Singamas Container has Payout ratio of 60.88%
- Ellsworth Growth and Income Fund Ltd has Payout ratio of 60.89%
- Air Products & Chemicals has Payout ratio of 60.90%
- Anxian Yuan China has Payout ratio of 60.90%
- Harvey Norman has Payout ratio of 60.94%
- Sprott has Payout ratio of 60.98%