Grace Fabric TechnologyLtd Dividends and Buybacks
Dividend criteria checks 1/6
Grace Fabric TechnologyLtd is a dividend paying company with a current yield of 0.37%.
Key information
0.4%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 0.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | -15.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.030 |
| Payout ratio | -210% |
Recent dividend and buyback updates
No updates
Recent updates
Does Grace Fabric TechnologyLtd (SHSE:603256) Have A Healthy Balance Sheet?
Oct 07
Subdued Growth No Barrier To Grace Fabric Technology Co.,Ltd. (SHSE:603256) With Shares Advancing 26%
Jul 05We Think Grace Fabric TechnologyLtd (SHSE:603256) Has A Fair Chunk Of Debt
Jun 26Grace Fabric Technology Co.,Ltd. (SHSE:603256) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected
Mar 26Grace Fabric TechnologyLtd (SHSE:603256) Is Making Moderate Use Of Debt
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603256 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603256 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Grace Fabric TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603256) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (603256) (up to 3 years) | n/a |
Notable Dividend: 603256's dividend (0.37%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603256's dividend (0.37%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: 603256 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.6%), 603256's dividend payments are well covered by cash flows.