Shanxi Coking Dividends and Buybacks
Dividend criteria checks 2/6
Shanxi Coking is a dividend paying company with a current yield of 1.19% that is well covered by earnings.
Key information
1.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 0.7% |
| Dividend Growth | -6.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.050 |
| Payout ratio | 52% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600740 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600740 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Shanxi Coking Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600740) | 1.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (600740) (up to 3 years) | 0.7% |
Notable Dividend: 600740's dividend (1.19%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600740's dividend (1.19%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.8%), 600740's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600740 is paying a dividend but the company has no free cash flows.