Tianshan Material Dividend
Dividend criteria checks 4/6
Tianshan Material is a dividend paying company with a current yield of 1.88% that is well covered by earnings. Next payment date is on 29th May, 2024 with an ex-dividend date of 29th May, 2024.
Key information
1.9%
Dividend yield
78%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 29 May 24 |
| Ex dividend date | 29 May 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥0.15 |
| Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
Recent updates
Tianshan Material (SZSE:000877) Is Reducing Its Dividend To CN¥0.114
May 24
Earnings Troubles May Signal Larger Issues for Tianshan Material (SZSE:000877) Shareholders
May 06Earnings Report: Xinjiangtianshan Cement Co.,Ltd Missed Revenue Estimates By 11%
Mar 29Estimating The Fair Value Of Xinjiangtianshan Cement Co.,Ltd (SZSE:000877)
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000877's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000877's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tianshan Material Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (877) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Basic Materials) | 2.7% |
| Analyst forecast in 3 Years (877) | 1.9% |
Notable Dividend: 000877's dividend (1.88%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 000877's dividend (1.88%) is low compared to the top 25% of dividend payers in the CN market (2.27%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.6%), 000877's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.1%), 000877's dividend payments are well covered by cash flows.