Snowsky Salt Industry GroupLTD Dividends and Buybacks
Dividend criteria checks 3/6
Snowsky Salt Industry GroupLTD is a dividend paying company with a current yield of 3.52% that is well covered by earnings.
Key information
3.5%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 4.2% |
| Future Dividend Yield | 4.8% |
| Dividend Growth | 28.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 61% |
Recent dividend and buyback updates
No updates
Recent updates
Earnings Working Against Snowsky Salt Industry Group CO.,LTD's (SHSE:600929) Share Price
Aug 12
We Think Snowsky Salt Industry GroupLTD (SHSE:600929) Can Stay On Top Of Its Debt
May 27Snowsky Salt Industry Group's (SHSE:600929) Weak Earnings May Only Reveal A Part Of The Whole Picture
Apr 15Estimating The Intrinsic Value Of Snowsky Salt Industry Group Co., Ltd. (SHSE:600929)
Apr 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600929 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600929's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Snowsky Salt Industry GroupLTD Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600929) | 3.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (600929) (up to 3 years) | 4.8% |
Notable Dividend: 600929's dividend (3.52%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600929's dividend (3.52%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.2%), 600929's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600929 is paying a dividend but the company has no free cash flows.