Yechiu Metal Recycling (China) Dividends and Buybacks
Dividend criteria checks 1/6
Yechiu Metal Recycling (China) is a dividend paying company with a current yield of 0.5% that is well covered by earnings. Next payment date is on 22nd November, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
0.5%
Dividend yield
0.003%
Buyback Yield
| Total Shareholder Yield | 0.5% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | 16.9% |
| Next dividend pay date | 22 Nov 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | CN¥0.013 |
| Payout ratio | 33% |
Recent dividend and buyback updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601388's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601388's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Yechiu Metal Recycling (China) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601388) | 0.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast (601388) (up to 3 years) | 1.9% |
Notable Dividend: 601388's dividend (0.5%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 601388's dividend (0.5%) 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 (33.2%), 601388's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 601388 is paying a dividend but the company has no free cash flows.