Sichuan Anning Iron and TitaniumLtd Dividends and Buybacks
Dividend criteria checks 3/6
Sichuan Anning Iron and TitaniumLtd is a dividend paying company with a current yield of 3.23% that is well covered by earnings.
Key information
3.2%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 15.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.000 |
| Payout ratio | 44% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002978 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002978's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Sichuan Anning Iron and TitaniumLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002978) | 3.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.1% |
| Analyst forecast (002978) (up to 3 years) | n/a |
Notable Dividend: 002978's dividend (3.23%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 002978's dividend (3.23%) is in the top 25% of dividend payers in the CN market (2.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.1%), 002978's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (692.2%), 002978's dividend payments are not well covered by cash flows.