Shanghai Shyndec Pharmaceutical Dividends and Buybacks
Dividend criteria checks 3/6
Shanghai Shyndec Pharmaceutical is a dividend paying company with a current yield of 1.64% that is well covered by earnings.
Key information
1.6%
Dividend yield
-7.2%
Buyback Yield
| Total Shareholder Yield | -5.6% |
| Future Dividend Yield | 9.9% |
| Dividend Growth | 10.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 25% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600420 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600420's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Shanghai Shyndec Pharmaceutical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600420) | 1.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Pharmaceuticals) | 1.7% |
| Analyst forecast (600420) (up to 3 years) | 9.9% |
Notable Dividend: 600420's dividend (1.64%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600420's dividend (1.64%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.8%), 600420's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.2%), 600420's dividend payments are thoroughly covered by cash flows.