Tianshan Aluminum GroupLtd Dividends and Buybacks
Dividend criteria checks 4/6
Tianshan Aluminum GroupLtd is a dividend paying company with a current yield of 2.49% that is well covered by earnings.
Key information
2.5%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 2.8% |
| Future Dividend Yield | 5.3% |
| Dividend Growth | -5.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 43% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002532 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002532 has only been paying a dividend for 4 years, and since then payments have not increased.
Dividend Yield vs Market
| Tianshan Aluminum GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002532) | 2.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (002532) (up to 3 years) | 5.3% |
Notable Dividend: 002532's dividend (2.49%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002532's dividend (2.49%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.5%), 002532's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.9%), 002532's dividend payments are well covered by cash flows.