Shenzhen Kangtai Biological Products Dividends and Buybacks
Dividend criteria checks 2/6
Shenzhen Kangtai Biological Products is a dividend paying company with a current yield of 2.1% that is well covered by earnings.
Key information
2.1%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 1.4% |
| Dividend Growth | 37.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 44% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300601 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300601's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Shenzhen Kangtai Biological Products Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300601) | 2.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Biotechs) | 1.2% |
| Analyst forecast (300601) (up to 3 years) | 1.4% |
Notable Dividend: 300601's dividend (2.1%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 300601's dividend (2.1%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.7%), 300601's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (593.5%), 300601's dividend payments are not well covered by cash flows.