Silvery Dragon Prestressed MaterialsLTD Tianjin Dividends and Buybacks
Dividend criteria checks 3/6
Silvery Dragon Prestressed MaterialsLTD Tianjin is a dividend paying company with a current yield of 1.13% that is well covered by earnings.
Key information
1.1%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | -5.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.070 |
| Payout ratio | 27% |
Recent dividend and buyback updates
Recent updates
Silvery Dragon Prestressed Materials Co.,LTD Tianjin (SHSE:603969) Surges 27% Yet Its Low P/E Is No Reason For Excitement
Dec 16
Here's Why We Think Silvery Dragon Prestressed MaterialsLTD Tianjin (SHSE:603969) Might Deserve Your Attention Today
Dec 02Silvery Dragon Prestressed Materials Co.,LTD Tianjin (SHSE:603969) Shares Fly 39% But Investors Aren't Buying For Growth
Oct 16There's No Escaping Silvery Dragon Prestressed Materials Co.,LTD Tianjin's (SHSE:603969) Muted Earnings
Jun 06Silvery Dragon Prestressed MaterialsLTD Tianjin's (SHSE:603969) Solid Profits Have Weak Fundamentals
Apr 23Silvery Dragon Prestressed MaterialsLTD Tianjin (SHSE:603969) Is Reinvesting At Lower Rates Of Return
Mar 04Earnings Not Telling The Story For Silvery Dragon Prestressed Materials Co.,LTD Tianjin (SHSE:603969) After Shares Rise 25%
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603969's dividend payments have been volatile in the past 10 years.
Growing Dividend: 603969's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Silvery Dragon Prestressed MaterialsLTD Tianjin Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603969) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (603969) (up to 3 years) | n/a |
Notable Dividend: 603969's dividend (1.13%) is higher than the bottom 25% of dividend payers in the CN market (0.59%).
High Dividend: 603969's dividend (1.13%) is low compared to the top 25% of dividend payers in the CN market (2.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27%), 603969's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (279.6%), 603969's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 06:34 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Silvery Dragon Prestressed Materials Co.,LTD Tianjin is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yuanrui Liu | Changjiang Securities Co. LTD. |