Tangshan Sunfar Silicon IndustriesLtd Dividend
Dividend criteria checks 2/6
Tangshan Sunfar Silicon IndustriesLtd is a dividend paying company with a current yield of 0.52% that is well covered by earnings.
Key information
0.5%
Dividend yield
19%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.052 |
Earnings per share | CN¥0.27 |
Dividend yield forecast in 3Y | 0.5% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603938 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603938 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
Tangshan Sunfar Silicon IndustriesLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603938) | 0.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (603938) | 0.5% |
Notable Dividend: 603938's dividend (0.52%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603938's dividend (0.52%) is low compared to the top 25% of dividend payers in the CN market (2.62%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.5%), 603938's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.8%), 603938's dividend payments are thoroughly covered by cash flows.