AA Industrial Belting (Shanghai)Ltd Dividends and Buybacks
Dividend criteria checks 0/6
AA Industrial Belting (Shanghai)Ltd is a dividend paying company with a current yield of 0.4%.
Key information
0.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -18.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.082 |
| Payout ratio | 243% |
Recent dividend and buyback updates
No updates
Recent updates
AA Industrial Belting (Shanghai) Co.,Ltd's (SHSE:603580) Share Price Not Quite Adding Up
Sep 29
Some Confidence Is Lacking In AA Industrial Belting (Shanghai) Co.,Ltd (SHSE:603580) As Shares Slide 35%
Jun 06Risks Still Elevated At These Prices As AA Industrial Belting (Shanghai) Co.,Ltd (SHSE:603580) Shares Dive 35%
Apr 21AA Industrial Belting (Shanghai) Co.,Ltd (SHSE:603580) May Have Run Too Fast Too Soon With Recent 28% Price Plummet
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603580 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603580's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| AA Industrial Belting (Shanghai)Ltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603580) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (603580) (up to 3 years) | n/a |
Notable Dividend: 603580's dividend (0.4%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603580's dividend (0.4%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (243.3%), 603580's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (157.3%), 603580's dividend payments are not well covered by cash flows.