GRINM Semiconductor Materials Dividend
Dividend criteria checks 3/6
GRINM Semiconductor Materials is a dividend paying company with a current yield of 0.73% that is well covered by earnings.
Key information
0.7%
Dividend yield
37%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.19 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
GRINM Semiconductor Materials' (SHSE:688432) Weak Earnings Might Be Worse Than They Appear
Apr 08
One Analyst Just Shaved Their GRINM Semiconductor Materials Co., Ltd. (SHSE:688432) Forecasts Dramatically
Apr 03GRINM Semiconductor Materials Co., Ltd. (SHSE:688432) Stocks Shoot Up 30% But Its P/E Still Looks Reasonable
Mar 07There Are Reasons To Feel Uneasy About GRINM Semiconductor Materials' (SHSE:688432) Returns On Capital
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688432's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688432's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| GRINM Semiconductor Materials Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688432) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Semiconductor) | 1.1% |
| Analyst forecast in 3 Years (688432) | n/a |
Notable Dividend: 688432's dividend (0.73%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 688432's dividend (0.73%) is low compared to the top 25% of dividend payers in the CN market (2.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.9%), 688432's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67%), 688432's dividend payments are covered by cash flows.