Asian Star Anchor Chain Jiangsu Dividends and Buybacks
Dividend criteria checks 3/6
Asian Star Anchor Chain Jiangsu is a dividend paying company with a current yield of 1.32% that is well covered by earnings.
Key information
1.3%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | 0.5% |
| Dividend Growth | 22.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.105 |
| Payout ratio | 40% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601890's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601890's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Asian Star Anchor Chain Jiangsu Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601890) | 1.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (601890) (up to 3 years) | 0.5% |
Notable Dividend: 601890's dividend (1.32%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 601890's dividend (1.32%) is low compared to the top 25% of dividend payers in the CN market (2.1%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.6%), 601890's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (95.8%), 601890's dividend payments are not well covered by cash flows.