Shengda ResourcesLtd Dividend
Dividend criteria checks 2/6
Shengda ResourcesLtd is a dividend paying company with a current yield of 0.59% that is well covered by earnings.
Key information
0.6%
Dividend yield
43%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.18 |
Dividend yield forecast in 3Y | 0.6% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000603's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000603's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Shengda ResourcesLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (000603) | 0.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Metals and Mining) | 2.5% |
Analyst forecast in 3 Years (000603) | 0.6% |
Notable Dividend: 000603's dividend (0.59%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 000603's dividend (0.59%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.9%), 000603's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.2%), 000603's dividend payments are well covered by cash flows.