Sinostar Cable Dividends and Buybacks
Dividend criteria checks 2/6
Sinostar Cable is a dividend paying company with a current yield of 0.59% that is well covered by earnings.
Key information
0.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 25.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.040 |
| Payout ratio | 38% |
Recent dividend and buyback updates
Recent updates
Sinostar Cable Co., Ltd's (SZSE:300933) 43% Price Boost Is Out Of Tune With Earnings
Oct 09
Some Investors May Be Worried About Sinostar Cable's (SZSE:300933) Returns On Capital
Sep 29More Unpleasant Surprises Could Be In Store For Sinostar Cable Co., Ltd's (SZSE:300933) Shares After Tumbling 28%
Jul 18Sinostar Cable (SZSE:300933) Might Be Having Difficulty Using Its Capital Effectively
May 28Subdued Growth No Barrier To Sinostar Cable Co., Ltd (SZSE:300933) With Shares Advancing 36%
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300933 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300933's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Sinostar Cable Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300933) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (300933) (up to 3 years) | n/a |
Notable Dividend: 300933's dividend (0.59%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300933's dividend (0.59%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38%), 300933's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300933 is paying a dividend but the company has no free cash flows.