Anhui Anfu Battery Technology Co.,Ltd

XSSC:603031 Stock Report

Market Cap: CN¥6.4b

Anhui Anfu Battery TechnologyLtd Dividends and Buybacks

Dividend criteria checks 3/6

Anhui Anfu Battery TechnologyLtd is a dividend paying company with a current yield of 1.02% that is well covered by earnings.

Key information

1.0%

Dividend yield

4.0%

Buyback Yield

Total Shareholder Yield5.1%
Future Dividend Yieldn/a
Dividend Growth20.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.310
Payout ratio39%

Recent dividend and buyback updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603031 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603031's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

Anhui Anfu Battery TechnologyLtd Dividend Yield vs Market
How does 603031 dividend yield compare to the market?
SegmentDividend Yield
Company (603031)1.0%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Electrical)1.5%
Analyst forecast (603031) (up to 3 years)n/a

Notable Dividend: 603031's dividend (1.02%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 603031's dividend (1.02%) 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 (38.7%), 603031's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (7.3%), 603031's dividend payments are thoroughly covered by cash flows.


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