Shanghai Huafon Aluminium Dividends and Buybacks
Dividend criteria checks 3/6
Shanghai Huafon Aluminium is a dividend paying company with a current yield of 1.14% that is well covered by earnings.
Key information
1.1%
Dividend yield
0.05%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 26.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 18% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 601702 has been paying a dividend for less than 10 years.
Growing Dividend: 601702's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Shanghai Huafon Aluminium Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601702) | 1.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.1% |
| Analyst forecast (601702) (up to 3 years) | 2.0% |
Notable Dividend: 601702's dividend (1.14%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 601702's dividend (1.14%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18%), 601702's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22%), 601702's dividend payments are well covered by cash flows.