Tangshan Sanyou Chemical IndustriesLtd Dividends and Buybacks
Dividend criteria checks 4/6
Tangshan Sanyou Chemical IndustriesLtd is a dividend paying company with a current yield of 1.48% that is well covered by earnings.
Key information
1.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.6% |
| Dividend Growth | 4.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.083 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Recent updates
Is Tangshan Sanyou Chemical Industries Co.,Ltd (SHSE:600409) Worth CN¥5.9 Based On Its Intrinsic Value?
Dec 12
Tangshan Sanyou Chemical Industries Co.,Ltd's (SHSE:600409) Business And Shares Still Trailing The Market
Nov 27Is It Too Late To Consider Buying Tangshan Sanyou Chemical Industries Co.,Ltd (SHSE:600409)?
Oct 01Here's What To Make Of Tangshan Sanyou Chemical IndustriesLtd's (SHSE:600409) Decelerating Rates Of Return
Sep 16Tangshan Sanyou Chemical IndustriesLtd (SHSE:600409) Has A Pretty Healthy Balance Sheet
Aug 18Earnings Working Against Tangshan Sanyou Chemical Industries Co.,Ltd's (SHSE:600409) Share Price
Aug 03A Look At The Fair Value Of Tangshan Sanyou Chemical Industries Co.,Ltd (SHSE:600409)
Jul 20Investors Could Be Concerned With Tangshan Sanyou Chemical IndustriesLtd's (SHSE:600409) Returns On Capital
Jun 05At CN¥4.90, Is Tangshan Sanyou Chemical Industries Co.,Ltd (SHSE:600409) Worth Looking At Closely?
Mar 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600409's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600409's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tangshan Sanyou Chemical IndustriesLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600409) | 1.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (600409) (up to 3 years) | 2.6% |
Notable Dividend: 600409's dividend (1.48%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600409's dividend (1.48%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28%), 600409's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.9%), 600409's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 15:19 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tangshan Sanyou Chemical Industries Co.,Ltd is covered by 19 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tai Ma | Changjiang Securities Co. LTD. |
| Chen He | Chasing Securities |
| Ce Zhou | Chasing Securities |