Sanxiang Advanced Materials Dividend
Dividend criteria checks 1/6
Sanxiang Advanced Materials is a dividend paying company with a current yield of 0.39% that is well covered by earnings.
Key information
0.4%
Dividend yield
49%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.15 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Subdued Growth No Barrier To Sanxiang Advanced Materials Co., Ltd. (SHSE:603663) With Shares Advancing 48%
Apr 23
Capital Allocation Trends At Sanxiang Advanced Materials (SHSE:603663) Aren't Ideal
Mar 27There's Reason For Concern Over Sanxiang Advanced Materials Co., Ltd.'s (SHSE:603663) Massive 31% Price Jump
Mar 06We Think Sanxiang Advanced Materials (SHSE:603663) Can Stay On Top Of Its Debt
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603663 has been paying a dividend for less than 10 years.
Growing Dividend: 603663's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Sanxiang Advanced Materials Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603663) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Chemicals) | 2.0% |
| Analyst forecast in 3 Years (603663) | n/a |
Notable Dividend: 603663's dividend (0.39%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 603663's dividend (0.39%) is low compared to the top 25% of dividend payers in the CN market (2.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49%), 603663's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603663 is paying a dividend but the company has no free cash flows.