Grinm Advanced Materials Co., Ltd.

SHSE:600206 Stock Report

Market Cap: CN¥19.6b

Grinm Advanced Materials Dividends and Buybacks

Dividend criteria checks 2/6

Grinm Advanced Materials is a dividend paying company with a current yield of 0.66% that is well covered by earnings.

Key information

0.7%

Dividend yield

-3.0%

Buyback Yield

Total Shareholder Yield-2.3%
Future Dividend Yieldn/a
Dividend Growth26.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.138
Payout ratio58%

Recent dividend and buyback updates

Recent updates

Subdued Growth No Barrier To Grinm Advanced Materials Co., Ltd. (SHSE:600206) With Shares Advancing 28%

Nov 10
Subdued Growth No Barrier To Grinm Advanced Materials Co., Ltd. (SHSE:600206) With Shares Advancing 28%

Grinm Advanced Materials' (SHSE:600206) Profits May Not Reveal Underlying Issues

Nov 06
Grinm Advanced Materials' (SHSE:600206) Profits May Not Reveal Underlying Issues

Grinm Advanced Materials Co., Ltd.'s (SHSE:600206) Share Price Could Signal Some Risk

Mar 21
Grinm Advanced Materials Co., Ltd.'s (SHSE:600206) Share Price Could Signal Some Risk

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
How does 600206 dividend yield compare to the market?
SegmentDividend Yield
Company (600206)0.7%
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 (0.66%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 600206's dividend (0.66%) is low compared to the top 25% of dividend payers in the CN market (2.16%).


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.


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