Sino-Agri Leading BiosciencesLtd Dividends and Buybacks
Dividend criteria checks 3/6
Sino-Agri Leading BiosciencesLtd is a dividend paying company with a current yield of 2.95% that is well covered by earnings.
Key information
2.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 15.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.450 |
| Payout ratio | 55% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603970 has been paying a dividend for less than 10 years.
Growing Dividend: 603970's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Sino-Agri Leading BiosciencesLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603970) | 2.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (603970) (up to 3 years) | n/a |
Notable Dividend: 603970's dividend (2.95%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603970's dividend (2.95%) is in the top 25% of dividend payers in the CN market (2.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.5%), 603970's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (103.7%), 603970's dividend payments are not well covered by cash flows.