Shenghe Resources Holding Dividends and Buybacks
Dividend criteria checks 2/6
Shenghe Resources Holding is a dividend paying company with a current yield of 0.43% that is well covered by earnings.
Key information
0.4%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 0.2% |
| Future Dividend Yield | 0.4% |
| Dividend Growth | 12.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.050 |
| Payout ratio | 33% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600392 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600392 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Shenghe Resources Holding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600392) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (600392) (up to 3 years) | 0.4% |
Notable Dividend: 600392's dividend (0.43%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600392's dividend (0.43%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.8%), 600392's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.9%), 600392's dividend payments are well covered by cash flows.