Suzhou Shihua New Material Technology Dividends and Buybacks
Dividend criteria checks 2/6
Suzhou Shihua New Material Technology is a dividend paying company with a current yield of 1.79% that is well covered by earnings.
Key information
1.8%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 41.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.360 |
| Payout ratio | 40% |
Recent dividend and buyback updates
No updates
Recent updates
Investors Still Aren't Entirely Convinced By Suzhou Shihua New Material Technology Co., Ltd.'s (SHSE:688093) Earnings Despite 32% Price Jump
Oct 18
Suzhou Shihua New Material Technology's (SHSE:688093) Returns On Capital Not Reflecting Well On The Business
Sep 28Suzhou Shihua New Material Technology Co., Ltd.'s (SHSE:688093) Shares Lagging The Market But So Is The Business
Jun 07Concerns Surrounding Suzhou Shihua New Material Technology's (SHSE:688093) Performance
Apr 24Suzhou Shihua New Material Technology Co., Ltd.'s (SHSE:688093) Shares Bounce 31% But Its Business Still Trails The Market
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688093 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688093's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Suzhou Shihua New Material Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688093) | 1.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (688093) (up to 3 years) | 2.7% |
Notable Dividend: 688093's dividend (1.79%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 688093's dividend (1.79%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.9%), 688093's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688093 is paying a dividend but the company has no free cash flows.