Flat Glass Group Dividends and Buybacks
Dividend criteria checks 3/6
Flat Glass Group is a dividend paying company with a current yield of 6.9% that is well covered by earnings.
Key information
6.9%
Dividend yield
-0.004%
Buyback Yield
| Total Shareholder Yield | 6.9% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | -12.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.760 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601865 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601865's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Flat Glass Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601865) | 6.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Semiconductor) | 0.8% |
| Analyst forecast (601865) (up to 3 years) | 4.0% |
Notable Dividend: 601865's dividend (6.9%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 601865's dividend (6.9%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.6%), 601865's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 601865 is paying a dividend but the company has no free cash flows.