Chengdu Shengbang SealsLtd Dividends and Buybacks
Dividend criteria checks 2/6
Chengdu Shengbang SealsLtd is a dividend paying company with a current yield of 1.03% that is well covered by earnings.
Key information
1.0%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 50.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.442 |
| Payout ratio | 27% |
Recent dividend and buyback updates
Recent updates
Chengdu Shengbang SealsLtd's (SZSE:301233) Promising Earnings May Rest On Soft Foundations
Nov 01
Chengdu Shengbang SealsLtd's (SZSE:301233) Returns On Capital Not Reflecting Well On The Business
Jun 04There's No Escaping Chengdu Shengbang Seals Co.,Ltd.'s (SZSE:301233) Muted Earnings Despite A 27% Share Price Rise
Mar 06Returns On Capital Signal Tricky Times Ahead For Chengdu Shengbang SealsLtd (SZSE:301233)
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301233 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301233 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Chengdu Shengbang SealsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301233) | 1.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (301233) (up to 3 years) | n/a |
Notable Dividend: 301233's dividend (1.03%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 301233's dividend (1.03%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.8%), 301233's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301233 is paying a dividend but the company has no free cash flows.