Shanghai Zhongzhou Special Alloy Materials Dividends and Buybacks
Dividend criteria checks 2/6
Shanghai Zhongzhou Special Alloy Materials is a dividend paying company with a current yield of 0.59% that is well covered by earnings.
Key information
0.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.0% |
| Dividend Growth | 0.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.055 |
| Payout ratio | 24% |
Recent dividend and buyback updates
Recent updates
Shanghai Zhongzhou Special Alloy Materials' (SZSE:300963) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 01
Earnings Tell The Story For Shanghai Zhongzhou Special Alloy Materials Co., Ltd. (SZSE:300963) As Its Stock Soars 40%
Oct 08Earnings Tell The Story For Shanghai Zhongzhou Special Alloy Materials Co., Ltd. (SZSE:300963)
Jul 27Investors Could Be Concerned With Shanghai Zhongzhou Special Alloy Materials' (SZSE:300963) Returns On Capital
May 31Shanghai Zhongzhou Special Alloy Materials' (SZSE:300963) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 29Shanghai Zhongzhou Special Alloy Materials Co., Ltd. (SZSE:300963) Held Back By Insufficient Growth Even After Shares Climb 29%
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300963 has been paying a dividend for less than 10 years.
Growing Dividend: 300963's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Shanghai Zhongzhou Special Alloy Materials Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300963) | 0.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (300963) (up to 3 years) | 1.0% |
Notable Dividend: 300963's dividend (0.59%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 300963's dividend (0.59%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.7%), 300963's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300963 is paying a dividend but the company has no free cash flows.