Sino-Agri Leading Biosciences Co.,Ltd

SHSE:603970 Stock Report

Market Cap: CN¥4.1b

Sino-Agri Leading BiosciencesLtd Dividends and Buybacks

Dividend criteria checks 3/6

Sino-Agri Leading BiosciencesLtd is a dividend paying company with a current yield of 2.94% that is well covered by earnings.

Key information

2.9%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth15.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.450
Payout ratio55%

Recent dividend and buyback updates

No updates

Recent updates

Sino-Agri Leading BiosciencesLtd (SHSE:603970) Seems To Use Debt Quite Sensibly

Sep 27
Sino-Agri Leading BiosciencesLtd (SHSE:603970) Seems To Use Debt Quite Sensibly

Benign Growth For Sino-Agri Leading Biosciences Co.,Ltd (SHSE:603970) Underpins Stock's 25% Plummet

Jul 15
Benign Growth For Sino-Agri Leading Biosciences Co.,Ltd (SHSE:603970) Underpins Stock's 25% Plummet

Sino-Agri Leading BiosciencesLtd's (SHSE:603970) Shareholders May Want To Dig Deeper Than Statutory Profit

May 02
Sino-Agri Leading BiosciencesLtd's (SHSE:603970) Shareholders May Want To Dig Deeper Than Statutory Profit

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 603970 has been paying a dividend for less than 10 years.

Growing Dividend: 603970's dividend payments have increased, but the company has only paid a dividend for 6 years.


Dividend Yield vs Market

Sino-Agri Leading BiosciencesLtd Dividend Yield vs Market
How does 603970 dividend yield compare to the market?
SegmentDividend Yield
Company (603970)2.9%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Chemicals)1.7%
Analyst forecast (603970) (up to 3 years)n/a

Notable Dividend: 603970's dividend (2.94%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 603970's dividend (2.94%) is in the top 25% of dividend payers in the CN market (2.17%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (55.5%), 603970's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (103.7%), 603970's dividend payments are not well covered by cash flows.


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