Shaanxi Meibang Pharmaceutical Group Dividends and Buybacks
Dividend criteria checks 3/6
Shaanxi Meibang Pharmaceutical Group is a dividend paying company with a current yield of 1.13% that is well covered by earnings.
Key information
1.1%
Dividend yield
1.4%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 66% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605033 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605033 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Shaanxi Meibang Pharmaceutical Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605033) | 1.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (605033) (up to 3 years) | n/a |
Notable Dividend: 605033's dividend (1.13%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 605033's dividend (1.13%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.6%), 605033's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.6%), 605033's dividend payments are thoroughly covered by cash flows.