Solbar Ningbo Protein Technology Dividends and Buybacks
Dividend criteria checks 3/6
Solbar Ningbo Protein Technology is a dividend paying company with a current yield of 3% that is well covered by earnings.
Key information
3.0%
Dividend yield
-31.4%
Buyback Yield
| Total Shareholder Yield | -28.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Payout ratio | 71% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603231's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603231's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Solbar Ningbo Protein Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603231) | 3.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Food) | 2.3% |
| Analyst forecast (603231) (up to 3 years) | n/a |
Notable Dividend: 603231's dividend (3%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603231's dividend (3%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71%), 603231's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (329.9%), 603231's dividend payments are not well covered by cash flows.