Shandong Sacred Sun Power SourcesLtd Dividends and Buybacks
Dividend criteria checks 4/6
Shandong Sacred Sun Power SourcesLtd is a dividend paying company with a current yield of 0.69% that is well covered by earnings.
Key information
0.7%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | 17.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.057 |
| Payout ratio | 15% |
Recent dividend and buyback updates
Recent updates
Why Shandong Sacred Sun Power SourcesLtd's (SZSE:002580) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 04
Shandong Sacred Sun Power SourcesLtd (SZSE:002580) Has Announced That It Will Be Increasing Its Dividend To CN¥0.057
Jun 19Shandong Sacred Sun Power SourcesLtd's (SZSE:002580) Profits May Not Reveal Underlying Issues
Apr 26Returns Are Gaining Momentum At Shandong Sacred Sun Power SourcesLtd (SZSE:002580)
Apr 17Shandong Sacred Sun Power Sources Co.,Ltd (SZSE:002580) Stock Rockets 26% But Many Are Still Ignoring The Company
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002580's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002580's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shandong Sacred Sun Power SourcesLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002580) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (002580) (up to 3 years) | n/a |
Notable Dividend: 002580's dividend (0.69%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002580's dividend (0.69%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15%), 002580's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.5%), 002580's dividend payments are well covered by cash flows.