GRIPM Advanced Materials Dividends and Buybacks
Dividend criteria checks 2/6
GRIPM Advanced Materials is a dividend paying company with a current yield of 0.61% that is well covered by earnings.
Key information
0.6%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 1.3% |
| Dividend Growth | 0.5% |
| 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) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast (688456) (up to 3 years) | 1.3% |
Notable Dividend: 688456's dividend (0.61%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 688456's dividend (0.61%) 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 (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.