Anhui Xinbo Aluminum Dividends and Buybacks
Dividend criteria checks 2/6
Anhui Xinbo Aluminum is a dividend paying company with a current yield of 1.52% that is well covered by earnings.
Key information
1.5%
Dividend yield
-18.6%
Buyback Yield
| Total Shareholder Yield | -17.1% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.286 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 003038 has been paying a dividend for less than 10 years.
Growing Dividend: 003038's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Anhui Xinbo Aluminum Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (003038) | 1.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (003038) (up to 3 years) | 1.5% |
Notable Dividend: 003038's dividend (1.52%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 003038's dividend (1.52%) 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 (29.8%), 003038's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 003038 is paying a dividend but the company has no free cash flows.