Shanghai Rongtai Health Technology Dividends and Buybacks
Dividend criteria checks 2/6
Shanghai Rongtai Health Technology is a dividend paying company with a current yield of 4.2%.
Key information
4.2%
Dividend yield
2.0%
Buyback Yield
| Total Shareholder Yield | 6.2% |
| Future Dividend Yield | 6.0% |
| Dividend Growth | 21.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Payout ratio | 96% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603579 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603579's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Shanghai Rongtai Health Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603579) | 4.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Leisure) | 1.8% |
| Analyst forecast (603579) (up to 3 years) | 6.0% |
Notable Dividend: 603579's dividend (4.2%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603579's dividend (4.2%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (96.2%), 603579's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (173.2%), 603579's dividend payments are not well covered by cash flows.