Jiangsu LiXing General Steel BallLtd Dividends and Buybacks
Dividend criteria checks 4/6
Jiangsu LiXing General Steel BallLtd is a dividend paying company with a current yield of 2.09% that is well covered by earnings.
Key information
2.1%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 2.4% |
| Future Dividend Yield | 2.1% |
| Dividend Growth | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.240 |
| Payout ratio | 66% |
Recent dividend and buyback updates
Recent updates
Jiangsu LiXing General Steel Ball Co.,Ltd.'s (SZSE:300421) 36% Price Boost Is Out Of Tune With Earnings
Oct 08
Investors Met With Slowing Returns on Capital At Jiangsu LiXing General Steel BallLtd (SZSE:300421)
Sep 30Jiangsu LiXing General Steel Ball Co.,Ltd.'s (SZSE:300421) 27% Share Price Surge Not Quite Adding Up
Aug 21Weak Statutory Earnings May Not Tell The Whole Story For Jiangsu LiXing General Steel BallLtd (SZSE:300421)
Aug 07After Leaping 29% Jiangsu LiXing General Steel Ball Co.,Ltd. (SZSE:300421) Shares Are Not Flying Under The Radar
May 22Even With A 30% Surge, Cautious Investors Are Not Rewarding Jiangsu LiXing General Steel Ball Co.,Ltd.'s (SZSE:300421) Performance Completely
Mar 08Is Now An Opportune Moment To Examine Jiangsu LiXing General Steel Ball Co.,Ltd. (SZSE:300421)?
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300421's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300421's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Jiangsu LiXing General Steel BallLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300421) | 2.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (300421) (up to 3 years) | 2.1% |
Notable Dividend: 300421's dividend (2.09%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300421's dividend (2.09%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.9%), 300421's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.3%), 300421's dividend payments are covered by cash flows.