Suzhou Longjie Special Fiber Dividends and Buybacks
Dividend criteria checks 2/6
Suzhou Longjie Special Fiber is a dividend paying company with a current yield of 1.55% that is well covered by earnings.
Key information
1.5%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | -9.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 34% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603332 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603332 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Suzhou Longjie Special Fiber Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603332) | 1.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (603332) (up to 3 years) | n/a |
Notable Dividend: 603332's dividend (1.55%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603332's dividend (1.55%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.7%), 603332's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603332 is paying a dividend but the company has no free cash flows.