Shaanxi Sirui Advanced Materials Dividends and Buybacks
Dividend criteria checks 2/6
Shaanxi Sirui Advanced Materials is a dividend paying company with a current yield of 0.69% that is well covered by earnings.
Key information
0.7%
Dividend yield
0.04%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | 0.7% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0615 |
| Payout ratio | 41% |
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, 688102 has been paying a dividend for less than 10 years.
Growing Dividend: 688102's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Shaanxi Sirui Advanced Materials Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688102) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (688102) (up to 3 years) | 0.7% |
Notable Dividend: 688102's dividend (0.69%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688102's dividend (0.69%) 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 (41.3%), 688102's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688102 is paying a dividend but the company has no free cash flows.