Guizhou Xinbang Pharmaceutical Dividends and Buybacks
Dividend criteria checks 4/6
Guizhou Xinbang Pharmaceutical is a dividend paying company with a current yield of 1.58% that is well covered by earnings.
Key information
1.6%
Dividend yield
2.0%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 23.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.060 |
| Payout ratio | 78% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002390's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002390's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Guizhou Xinbang Pharmaceutical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002390) | 1.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Pharmaceuticals) | 1.7% |
| Analyst forecast (002390) (up to 3 years) | n/a |
Notable Dividend: 002390's dividend (1.58%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002390's dividend (1.58%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.2%), 002390's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.1%), 002390's dividend payments are well covered by cash flows.