Xinxing Ductile Iron Pipes Dividends and Buybacks
Dividend criteria checks 2/6
Xinxing Ductile Iron Pipes is a dividend paying company with a current yield of 1.54% that is well covered by earnings.
Key information
1.5%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 2.1% |
| Dividend Growth | 6.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.060 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000778's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000778's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Xinxing Ductile Iron Pipes Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000778) | 1.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (000778) (up to 3 years) | 2.1% |
Notable Dividend: 000778's dividend (1.54%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 000778's dividend (1.54%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.1%), 000778's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000778 is paying a dividend but the company has no free cash flows.