Shanghai M&G Stationery Dividends and Buybacks
Dividend criteria checks 6/6
Shanghai M&G Stationery is a dividend paying company with a current yield of 2.63% that is well covered by earnings.
Key information
2.6%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 2.8% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 8.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.800 |
| Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603899's dividends per share have been stable in the past 10 years.
Growing Dividend: 603899's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shanghai M&G Stationery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603899) | 2.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Commercial Services) | 1.4% |
| Analyst forecast (603899) (up to 3 years) | 3.5% |
Notable Dividend: 603899's dividend (2.63%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603899's dividend (2.63%) is in the top 25% of dividend payers in the CN market (2.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.6%), 603899's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.9%), 603899's dividend payments are well covered by cash flows.