Shinva Medical InstrumentLtd Dividends and Buybacks
Dividend criteria checks 5/6
Shinva Medical InstrumentLtd is a dividend paying company with a current yield of 2.21% that is well covered by earnings.
Key information
2.2%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | 1.0% |
| Dividend Growth | 22.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.385 |
| Payout ratio | 32% |
Recent dividend and buyback updates
No updates
Recent updates
Estimating The Fair Value Of Shinva Medical Instrument Co.,Ltd. (SHSE:600587)
Oct 01
Returns At Shinva Medical InstrumentLtd (SHSE:600587) Are On The Way Up
Sep 16Is Shinva Medical InstrumentLtd (SHSE:600587) Using Too Much Debt?
Aug 08Shinva Medical Instrument Co.,Ltd.'s (SHSE:600587) Business And Shares Still Trailing The Market
Jul 18Does This Valuation Of Shinva Medical Instrument Co.,Ltd. (SHSE:600587) Imply Investors Are Overpaying?
Jun 07Does Shinva Medical InstrumentLtd (SHSE:600587) Have A Healthy Balance Sheet?
Apr 22Shinva Medical InstrumentLtd's (SHSE:600587) Returns On Capital Not Reflecting Well On The Business
Mar 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600587's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600587's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shinva Medical InstrumentLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600587) | 2.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Medical Equipment) | 1.7% |
| Analyst forecast (600587) (up to 3 years) | 1.0% |
Notable Dividend: 600587's dividend (2.21%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600587's dividend (2.21%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.9%), 600587's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.9%), 600587's dividend payments are covered by cash flows.