Jiangsu Dingsheng New Materials Ltd Dividends and Buybacks
Dividend criteria checks 2/6
Jiangsu Dingsheng New Materials is a dividend paying company with a current yield of 0.8% that is well covered by earnings.
Key information
0.8%
Dividend yield
0.03%
Buyback Yield
| Total Shareholder Yield | 0.8% |
| Future Dividend Yield | 5.9% |
| Dividend Growth | 20.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.080 |
| Payout ratio | 75% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603876 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603876's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Jiangsu Dingsheng New Materials Ltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603876) | 0.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.1% |
| Analyst forecast (603876) (up to 3 years) | 5.9% |
Notable Dividend: 603876's dividend (0.8%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 603876's dividend (0.8%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.7%), 603876's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603876 is paying a dividend but the company has no free cash flows.