Shandong Sinoglory Health Food Dividends and Buybacks
Dividend criteria checks 3/6
Shandong Sinoglory Health Food is a dividend paying company with a current yield of 3.23% that is well covered by earnings.
Key information
3.2%
Dividend yield
-1.0%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 66% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603182's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603182's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shandong Sinoglory Health Food Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603182) | 3.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Food) | 2.2% |
| Analyst forecast (603182) (up to 3 years) | n/a |
Notable Dividend: 603182's dividend (3.23%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603182's dividend (3.23%) 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 (65.6%), 603182's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603182 is paying a dividend but the company has no free cash flows.