Shenma IndustryLtd Dividends and Buybacks
Dividend criteria checks 1/6
Shenma IndustryLtd is a dividend paying company with a current yield of 1.73%.
Key information
1.7%
Dividend yield
1.4%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | 10.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.137 |
| Payout ratio | 164% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600810 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600810 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Shenma IndustryLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600810) | 1.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (600810) (up to 3 years) | 3.9% |
Notable Dividend: 600810's dividend (1.73%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 600810's dividend (1.73%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (164.4%), 600810's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600810 is paying a dividend but the company has no free cash flows.