Shengda Resources Co.,Ltd.

XSEC:000603 Stock Report

Market Cap: CN¥9.6b

Shengda ResourcesLtd Dividends and Buybacks

Dividend criteria checks 2/6

Shengda ResourcesLtd is a dividend paying company with a current yield of 0.53% that is well covered by earnings.

Key information

0.5%

Dividend yield

0.5%

Buyback Yield

Total Shareholder Yield1.1%
Future Dividend Yield1.7%
Dividend Growth4.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.0751
Payout ratio25%

Recent dividend and buyback updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 000603 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 000603 has only been paying a dividend for 8 years, and since then payments have fallen.


Dividend Yield vs Market

Shengda ResourcesLtd Dividend Yield vs Market
How does 000603 dividend yield compare to the market?
SegmentDividend Yield
Company (000603)0.5%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Metals and Mining)2.1%
Analyst forecast (000603) (up to 3 years)1.7%

Notable Dividend: 000603's dividend (0.53%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.54%).

High Dividend: 000603's dividend (0.53%) is low compared to the top 25% of dividend payers in the CN market (2.13%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (24.7%), 000603's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (20%), 000603's dividend payments are well covered by cash flows.


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