Jiangsu Asia-Pacific Light Alloy Technology Dividends and Buybacks
Dividend criteria checks 3/6
Jiangsu Asia-Pacific Light Alloy Technology is a dividend paying company with a current yield of 8.29%.
Key information
8.3%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 8.7% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 20.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.485 |
| Payout ratio | 116% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002540's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002540's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Jiangsu Asia-Pacific Light Alloy Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002540) | 8.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (002540) (up to 3 years) | 3.6% |
Notable Dividend: 002540's dividend (8.29%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002540's dividend (8.29%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (116.2%), 002540's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (205.8%), 002540's dividend payments are not well covered by cash flows.