Lizhong Sitong Light Alloys Group Dividends and Buybacks
Dividend criteria checks 2/6
Lizhong Sitong Light Alloys Group is a dividend paying company with a current yield of 0.67% that is well covered by earnings.
Key information
0.7%
Dividend yield
-0.5%
Buyback Yield
| Total Shareholder Yield | 0.2% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | -12.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.119 |
| Payout ratio | 11% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300428 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300428 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Lizhong Sitong Light Alloys Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300428) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (300428) (up to 3 years) | 2.0% |
Notable Dividend: 300428's dividend (0.67%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300428's dividend (0.67%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11%), 300428's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300428 is paying a dividend but the company has no free cash flows.