Grinm Advanced Materials Dividends and Buybacks
Dividend criteria checks 2/6
Grinm Advanced Materials is a dividend paying company with a current yield of 0.6% that is well covered by earnings.
Key information
0.6%
Dividend yield
-3.0%
Buyback Yield
| Total Shareholder Yield | -2.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | 25.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.138 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600206) | 0.6% |
| 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 (0.6%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600206's dividend (0.6%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
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.