GRIPM Advanced Materials Dividends and Buybacks
Dividend criteria checks 2/6
GRIPM Advanced Materials is a dividend paying company with a current yield of 0.58% that is well covered by earnings.
Key information
0.6%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | -1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 36% |
Recent dividend and buyback updates
No updates
Recent updates
GRIPM Advanced Materials (SHSE:688456) Strong Profits May Be Masking Some Underlying Issues
Nov 07
GRIPM Advanced Materials (SHSE:688456) May Have Issues Allocating Its Capital
Sep 26GRIPM Advanced Materials Co., Ltd. (SHSE:688456) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable
May 21GRIPM Advanced Materials (SHSE:688456) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 06GRIPM Advanced Materials (SHSE:688456) Will Be Hoping To Turn Its Returns On Capital Around
Apr 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688456 has been paying a dividend for less than 10 years.
Growing Dividend: 688456's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| GRIPM Advanced Materials Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688456) | 0.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (688456) (up to 3 years) | 1.2% |
Notable Dividend: 688456's dividend (0.58%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 688456's dividend (0.58%) is low compared to the top 25% of dividend payers in the CN market (2.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.4%), 688456's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688456 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 00:38 |
| End of Day Share Price | 2024/12/27 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 |
|
|
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
GRIPM Advanced Materials Co., Ltd. is covered by 2 analysts. 1 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 |
|---|---|
| Wenping Liu | China Merchants Securities Co. Ltd. |
| Zu Xue Qiu | Minsheng Securities Co. |