Sichuan Goldstone Asia Pharmaceutical Dividends and Buybacks
Dividend criteria checks 2/6
Sichuan Goldstone Asia Pharmaceutical is a dividend paying company with a current yield of 1.17%.
Key information
1.2%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 1.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 22.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.110 |
| Payout ratio | 102% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300434 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300434's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Sichuan Goldstone Asia Pharmaceutical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300434) | 1.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Pharmaceuticals) | 1.7% |
| Analyst forecast (300434) (up to 3 years) | n/a |
Notable Dividend: 300434's dividend (1.17%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 300434's dividend (1.17%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (101.7%), 300434's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.7%), 300434's dividend payments are covered by cash flows.