Suzhou Xingye Materials TechnologyLtd Dividends and Buybacks
Dividend criteria checks 3/6
Suzhou Xingye Materials TechnologyLtd is a dividend paying company with a current yield of 0.89% that is well covered by earnings.
Key information
0.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -9.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.080 |
| Payout ratio | 69% |
Recent dividend and buyback updates
No updates
Recent updates
There's Reason For Concern Over Suzhou Xingye Materials Technology Co.,Ltd.'s (SHSE:603928) Massive 29% Price Jump
Nov 11
Suzhou Xingye Materials Technology Co.,Ltd. (SHSE:603928) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
May 07Suzhou Xingye Materials Technology Co.,Ltd. (SHSE:603928) Stock Catapults 31% Though Its Price And Business Still Lag The Market
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603928 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603928 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Suzhou Xingye Materials TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603928) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (603928) (up to 3 years) | n/a |
Notable Dividend: 603928's dividend (0.89%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603928's dividend (0.89%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.3%), 603928's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.8%), 603928's dividend payments are well covered by cash flows.