Grinm Advanced Materials Dividend
Dividend criteria checks 2/6
Grinm Advanced Materials is a dividend paying company with a current yield of 1.15% that is well covered by earnings.
Key information
1.2%
Dividend yield
-5.8%
Buyback Yield
Total Shareholder Yield | -4.6% |
Future Dividend Yield | n/a |
Dividend Growth | 30.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.138 |
Payout ratio | 58% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600206 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600206's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Grinm Advanced Materials Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600206) | 1.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Semiconductor) | 0.8% |
Analyst forecast (600206) (up to 3 years) | n/a |
Notable Dividend: 600206's dividend (1.15%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 600206's dividend (1.15%) is low compared to the top 25% of dividend payers in the CN market (2.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.6%), 600206's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600206 is paying a dividend but the company has no free cash flows.