Shanghai Yongguan Adhesive Products Dividends and Buybacks
Dividend criteria checks 2/6
Shanghai Yongguan Adhesive Products is a dividend paying company with a current yield of 1.14% that is well covered by earnings.
Key information
1.1%
Dividend yield
3.8%
Buyback Yield
| Total Shareholder Yield | 5.0% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | 8.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 18% |
Recent dividend and buyback updates
Recent updates
Investors Shouldn't Be Too Comfortable With Shanghai Yongguan Adhesive Products' (SHSE:603681) Earnings
Nov 05
Why Investors Shouldn't Be Surprised By Shanghai Yongguan Adhesive Products Corp., Ltd.'s (SHSE:603681) Low P/E
Sep 29We Like The Quality Of Shanghai Yongguan Adhesive Products' (SHSE:603681) Earnings
May 06Shanghai Yongguan Adhesive Products Corp., Ltd.'s (SHSE:603681) Revenues Are Not Doing Enough For Some Investors
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603681 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603681 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Shanghai Yongguan Adhesive Products Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603681) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (603681) (up to 3 years) | 1.5% |
Notable Dividend: 603681's dividend (1.14%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603681's dividend (1.14%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.7%), 603681's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603681 is paying a dividend but the company has no free cash flows.