Jiangxi Sanxin MedtecLtd Dividends and Buybacks
Dividend criteria checks 4/6
Jiangxi Sanxin MedtecLtd is a dividend paying company with a current yield of 2.45% that is well covered by earnings.
Key information
2.4%
Dividend yield
-1.0%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | 20.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 48% |
Recent dividend and buyback updates
Recent updates
Investors Shouldn't Be Too Comfortable With Jiangxi Sanxin MedtecLtd's (SZSE:300453) Earnings
Oct 21
Jiangxi Sanxin Medtec Co.,Ltd.'s (SZSE:300453) Price Is Right But Growth Is Lacking After Shares Rocket 37%
Oct 08Returns Are Gaining Momentum At Jiangxi Sanxin MedtecLtd (SZSE:300453)
Sep 30Jiangxi Sanxin MedtecLtd (SZSE:300453) Is Due To Pay A Dividend Of CN¥0.15
Apr 23Jiangxi Sanxin Medtec Co.,Ltd.'s (SZSE:300453) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Apr 04Concerns Surrounding Jiangxi Sanxin MedtecLtd's (SZSE:300453) Performance
Mar 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300453 has been paying a dividend for less than 10 years.
Growing Dividend: 300453's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Jiangxi Sanxin MedtecLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300453) | 2.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Medical Equipment) | 1.7% |
| Analyst forecast (300453) (up to 3 years) | n/a |
Notable Dividend: 300453's dividend (2.45%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300453's dividend (2.45%) is in the top 25% of dividend payers in the CN market (2.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.1%), 300453's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.7%), 300453's dividend payments are covered by cash flows.