Shanghai Bolex Food Technology Dividends and Buybacks
Dividend criteria checks 1/6
Shanghai Bolex Food Technology is a dividend paying company with a current yield of 2.05%.
Key information
2.1%
Dividend yield
-0.005%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 20.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 91% |
Recent dividend and buyback updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Shanghai Bolex Food Technology (SHSE:603170)
Nov 05
Be Wary Of Shanghai Bolex Food Technology (SHSE:603170) And Its Returns On Capital
Oct 29Shanghai Bolex Food Technology's (SHSE:603170) Profits May Not Reveal Underlying Issues
May 02Investors Could Be Concerned With Shanghai Bolex Food Technology's (SHSE:603170) Returns On Capital
Apr 23These 4 Measures Indicate That Shanghai Bolex Food Technology (SHSE:603170) Is Using Debt Reasonably Well
Mar 15Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603170's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603170's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shanghai Bolex Food Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603170) | 2.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Food) | 2.2% |
| Analyst forecast (603170) (up to 3 years) | 1.7% |
Notable Dividend: 603170's dividend (2.05%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603170's dividend (2.05%) is low compared to the top 25% of dividend payers in the CN market (2.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.5%), 603170's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (100.4%), 603170's dividend payments are not well covered by cash flows.