Asia Cuanon Technology (Shanghai)Ltd Dividends and Buybacks
Dividend criteria checks 2/6
Asia Cuanon Technology (Shanghai)Ltd is a dividend paying company with a current yield of 1.06% that is well covered by earnings.
Key information
1.1%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | 0.7% |
| Dividend Growth | -6.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0752 |
| Payout ratio | 27% |
Recent dividend and buyback updates
Recent updates
There Are Reasons To Feel Uneasy About Asia Cuanon Technology (Shanghai)Ltd's (SHSE:603378) Returns On Capital
May 22
Earnings Report: Asia Cuanon Technology (Shanghai) Co.,Ltd. Missed Revenue Estimates By 33%
May 02The Market Lifts Asia Cuanon Technology (Shanghai) Co.,Ltd. (SHSE:603378) Shares 28% But It Can Do More
Mar 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603378 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603378 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Asia Cuanon Technology (Shanghai)Ltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603378) | 1.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (603378) (up to 3 years) | 0.7% |
Notable Dividend: 603378's dividend (1.06%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603378's dividend (1.06%) 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 (26.7%), 603378's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (249.8%), 603378's dividend payments are not well covered by cash flows.