Fangda Special Steel Technology Dividends and Buybacks
Dividend criteria checks 4/6
Fangda Special Steel Technology is a dividend paying company with a current yield of 2.45% that is well covered by earnings.
Key information
2.4%
Dividend yield
0.03%
Buyback Yield
| Total Shareholder Yield | 2.5% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | -10.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 85% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600507's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600507's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Fangda Special Steel Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600507) | 2.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (600507) (up to 3 years) | 2.4% |
Notable Dividend: 600507's dividend (2.45%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600507's dividend (2.45%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85.1%), 600507's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600507 is paying a dividend but the company has no free cash flows.