Fuda Alloy MaterialsLtd Dividends and Buybacks
Dividend criteria checks 1/6
Fuda Alloy MaterialsLtd is a dividend paying company with a current yield of 0.47% that is well covered by earnings.
Key information
0.5%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 0.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.061 |
| Payout ratio | 17% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603045 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603045 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Fuda Alloy MaterialsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603045) | 0.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (603045) (up to 3 years) | n/a |
Notable Dividend: 603045's dividend (0.47%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603045's dividend (0.47%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.9%), 603045's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603045 is paying a dividend but the company has no free cash flows.