Shenzhen Cereals HoldingsLtd Dividends and Buybacks
Dividend criteria checks 4/6
Shenzhen Cereals HoldingsLtd is a dividend paying company with a current yield of 2.94% that is well covered by earnings.
Key information
2.9%
Dividend yield
0.006%
Buyback Yield
| Total Shareholder Yield | 2.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 27.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 72% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000019 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000019's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Shenzhen Cereals HoldingsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000019) | 2.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Food) | 2.2% |
| Analyst forecast (000019) (up to 3 years) | n/a |
Notable Dividend: 000019's dividend (2.94%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 000019's dividend (2.94%) is in the top 25% of dividend payers in the CN market (2.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.4%), 000019's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (79%), 000019's dividend payments are covered by cash flows.