Sokan New Materials Group Dividends and Buybacks
Dividend criteria checks 1/6
Sokan New Materials Group is a dividend paying company with a current yield of 0.46% that is well covered by earnings.
Key information
0.5%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | 31.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.220 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
The Returns On Capital At Sokan New Materials Group (SHSE:688157) Don't Inspire Confidence
Nov 14
The Price Is Right For Sokan New Materials Group Co., Ltd. (SHSE:688157)
Sep 28Sokan New Materials Group (SHSE:688157) Has A Pretty Healthy Balance Sheet
Jun 13Why Hunan Sokan New Materials' (SHSE:688157) Shaky Earnings Are Just The Beginning Of Its Problems
May 02Investors Appear Satisfied With Hunan Sokan New Materials Co., Ltd.'s (SHSE:688157) Prospects As Shares Rocket 31%
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688157 has been paying a dividend for less than 10 years.
Growing Dividend: 688157 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Sokan New Materials Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688157) | 0.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (688157) (up to 3 years) | 1.2% |
Notable Dividend: 688157's dividend (0.46%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 688157's dividend (0.46%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.7%), 688157's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688157 is paying a dividend but the company has no free cash flows.