Shengda ResourcesLtd Dividends and Buybacks
Dividend criteria checks 3/6
Shengda ResourcesLtd is a dividend paying company with a current yield of 0.6% that is well covered by earnings.
Key information
0.6%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | 5.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0751 |
| Payout ratio | 25% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000603) | 0.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (000603) (up to 3 years) | 1.9% |
Notable Dividend: 000603's dividend (0.6%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 000603's dividend (0.6%) 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 (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.