Lanzhou Lishang Guochao Industrial GroupLtd Dividends and Buybacks
Dividend criteria checks 3/6
Lanzhou Lishang Guochao Industrial GroupLtd is a dividend paying company with a current yield of 0.75% that is well covered by earnings.
Key information
0.8%
Dividend yield
1.9%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | 1.3% |
| Dividend Growth | -4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.040 |
| Payout ratio | 25% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600738's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600738's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Lanzhou Lishang Guochao Industrial GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600738) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Multiline Retail) | 1.9% |
| Analyst forecast (600738) (up to 3 years) | 1.3% |
Notable Dividend: 600738's dividend (0.75%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600738's dividend (0.75%) 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 (25.1%), 600738's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.7%), 600738's dividend payments are thoroughly covered by cash flows.