Shandong Pharmaceutical GlassLtd Dividends and Buybacks
Dividend criteria checks 6/6
Shandong Pharmaceutical GlassLtd is a dividend paying company with a current yield of 2.44% that is well covered by earnings.
Key information
2.4%
Dividend yield
-11.3%
Buyback Yield
| Total Shareholder Yield | -8.8% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 8.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Payout ratio | 53% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600529's dividends per share have been stable in the past 10 years.
Growing Dividend: 600529's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shandong Pharmaceutical GlassLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600529) | 2.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Medical Equipment) | 1.7% |
| Analyst forecast (600529) (up to 3 years) | 2.4% |
Notable Dividend: 600529's dividend (2.44%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600529's dividend (2.44%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.6%), 600529's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.8%), 600529's dividend payments are covered by cash flows.