Shanghai Chinafortune Dividends and Buybacks
Dividend criteria checks 2/6
Shanghai Chinafortune is a dividend paying company with a current yield of 0.35% that is well covered by earnings.
Key information
0.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.052 |
| Payout ratio | 52% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600621's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600621's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Shanghai Chinafortune Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600621) | 0.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Capital Markets) | 1.1% |
| Analyst forecast (600621) (up to 3 years) | n/a |
Notable Dividend: 600621's dividend (0.35%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600621's dividend (0.35%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.6%), 600621's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.7%), 600621's dividend payments are thoroughly covered by cash flows.