Xinxing Ductile Iron Pipes Dividends and Buybacks
Dividend criteria checks 2/6
Xinxing Ductile Iron Pipes is a dividend paying company with a current yield of 1.54% that is well covered by earnings.
Key information
1.5%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 2.1% |
| Dividend Growth | 6.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.060 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Xinxing Ductile Iron Pipes (SZSE:000778)
Nov 04
Xinxing Ductile Iron Pipes Co., Ltd.'s (SZSE:000778) Shares Bounce 32% But Its Business Still Trails The Market
Oct 13Here's Why Xinxing Ductile Iron Pipes (SZSE:000778) Has A Meaningful Debt Burden
Oct 02Calculating The Fair Value Of Xinxing Ductile Iron Pipes Co., Ltd. (SZSE:000778)
Jul 30Xinxing Ductile Iron Pipes (SZSE:000778) Is Paying Out Less In Dividends Than Last Year
Jul 12Xinxing Ductile Iron Pipes Co., Ltd.'s (SZSE:000778) Price Is Right But Growth Is Lacking
Jun 11Xinxing Ductile Iron Pipes (SZSE:000778) Is Reinvesting At Lower Rates Of Return
May 24Xinxing Ductile Iron Pipes' (SZSE:000778) Shareholders Have More To Worry About Than Only Soft Earnings
May 02Downgrade: Here's How Analysts See Xinxing Ductile Iron Pipes Co., Ltd. (SZSE:000778) Performing In The Near Term
Apr 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000778's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000778's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Xinxing Ductile Iron Pipes Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000778) | 1.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast (000778) (up to 3 years) | 2.1% |
Notable Dividend: 000778's dividend (1.54%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 000778's dividend (1.54%) 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 (32.1%), 000778's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000778 is paying a dividend but the company has no free cash flows.