Anhui Korrun Dividends and Buybacks
Dividend criteria checks 2/6
Anhui Korrun is a dividend paying company with a current yield of 0.58% that is well covered by earnings.
Key information
0.6%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.146 |
| Payout ratio | 18% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300577 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300577 has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| Anhui Korrun Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300577) | 0.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Luxury) | 2.9% |
| Analyst forecast (300577) (up to 3 years) | 2.3% |
Notable Dividend: 300577's dividend (0.58%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300577's dividend (0.58%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.4%), 300577's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (441.4%), 300577's dividend payments are not well covered by cash flows.