Xiamen Solex High-tech Industries Dividends and Buybacks
Dividend criteria checks 4/6
Xiamen Solex High-tech Industries is a dividend paying company with a current yield of 2.77% that is well covered by earnings.
Key information
2.8%
Dividend yield
-0.8%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | 28.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.540 |
| Payout ratio | 46% |
Recent dividend and buyback updates
No updates
Recent updates
Xiamen Solex High-tech Industries (SHSE:603992) May Have Issues Allocating Its Capital
Oct 28
Xiamen Solex High-tech Industries Co., Ltd. (SHSE:603992) Looks Inexpensive But Perhaps Not Attractive Enough
Sep 25The Returns On Capital At Xiamen Solex High-tech Industries (SHSE:603992) Don't Inspire Confidence
Jul 01Investors Aren't Buying Xiamen Solex High-tech Industries Co., Ltd.'s (SHSE:603992) Earnings
Jun 12Should You Be Adding Xiamen Solex High-tech Industries (SHSE:603992) To Your Watchlist Today?
May 24Xiamen Solex High-tech Industries' (SHSE:603992) Earnings May Just Be The Starting Point
May 06Is Xiamen Solex High-tech Industries (SHSE:603992) A Risky Investment?
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603992 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603992's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Xiamen Solex High-tech Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603992) | 2.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Building) | 2.5% |
| Analyst forecast (603992) (up to 3 years) | 1.5% |
Notable Dividend: 603992's dividend (2.77%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603992's dividend (2.77%) is in the top 25% of dividend payers in the CN market (2.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.7%), 603992's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.6%), 603992's dividend payments are covered by cash flows.