Shanghai Ace Investment&DevelopmentLtd Dividends and Buybacks
Dividend criteria checks 2/6
Shanghai Ace Investment&DevelopmentLtd is a dividend paying company with a current yield of 0.76% that is well covered by earnings.
Key information
0.8%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 33% |
Recent dividend and buyback updates
No updates
Recent updates
We Think That There Are Issues Underlying Shanghai Ace Investment&DevelopmentLtd's (SHSE:603329) Earnings
Nov 04
Investors Can Find Comfort In Shanghai Ace Investment&DevelopmentLtd's (SHSE:603329) Earnings Quality
May 02Shanghai Ace Investment&Development Co.,Ltd's (SHSE:603329) Popularity With Investors Under Threat As Stock Sinks 28%
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603329 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603329 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Shanghai Ace Investment&DevelopmentLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603329) | 0.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Logistics) | 1.8% |
| Analyst forecast (603329) (up to 3 years) | n/a |
Notable Dividend: 603329's dividend (0.76%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603329's dividend (0.76%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.5%), 603329's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603329 is paying a dividend but the company has no free cash flows.