Henan Mingtai Al.IndustrialLtd Dividends and Buybacks
Dividend criteria checks 3/6
Henan Mingtai Al.IndustrialLtd is a dividend paying company with a current yield of 1.36% that is well covered by earnings.
Key information
1.4%
Dividend yield
-8.4%
Buyback Yield
| Total Shareholder Yield | -7.0% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 5.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.166 |
| Payout ratio | 11% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601677's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601677's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Henan Mingtai Al.IndustrialLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601677) | 1.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (601677) (up to 3 years) | 2.7% |
Notable Dividend: 601677's dividend (1.36%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 601677's dividend (1.36%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.3%), 601677's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 601677's cash payout ratio to determine if its dividend payments are covered by cash flows.