Milkyway Chemical Supply Chain ServiceLtd Dividends and Buybacks
Dividend criteria checks 2/6
Milkyway Chemical Supply Chain ServiceLtd is a dividend paying company with a current yield of 1.03% that is well covered by earnings.
Key information
1.0%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | 29.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.530 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
Milkyway Chemical Supply Chain ServiceLtd (SHSE:603713) Hasn't Managed To Accelerate Its Returns
Nov 07
Milkyway Chemical Supply Chain Service Co.,Ltd Just Beat Revenue Estimates By 18%
Oct 18Milkyway Chemical Supply Chain Service Co.,Ltd (SHSE:603713) Stock Rockets 34% But Many Are Still Ignoring The Company
Oct 01Is Milkyway Chemical Supply Chain ServiceLtd (SHSE:603713) A Risky Investment?
Sep 24Milkyway Chemical Supply Chain ServiceLtd's (SHSE:603713) Weak Earnings May Only Reveal A Part Of The Whole Picture
Aug 11Here's What Analysts Are Forecasting For Milkyway Chemical Supply Chain Service Co.,Ltd (SHSE:603713) After Its Second-Quarter Results
Aug 05The Market Doesn't Like What It Sees From Milkyway Chemical Supply Chain Service Co.,Ltd's (SHSE:603713) Earnings Yet As Shares Tumble 27%
Jul 05Milkyway Chemical Supply Chain ServiceLtd (SHSE:603713) Has A Somewhat Strained Balance Sheet
Jun 26Milkyway Chemical Supply Chain ServiceLtd's (SHSE:603713) Returns Have Hit A Wall
Jun 07Milkyway Chemical Supply Chain Service Co.,Ltd's (SHSE:603713) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
May 20Earnings Report: Milkyway Chemical Supply Chain Service Co.,Ltd Missed Revenue Estimates By 6.2%
Apr 16Is Milkyway Chemical Supply Chain ServiceLtd (SHSE:603713) Using Too Much Debt?
Mar 22Milkyway Chemical Supply Chain Service Co.,Ltd (SHSE:603713) Soars 28% But It's A Story Of Risk Vs Reward
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603713 has been paying a dividend for less than 10 years.
Growing Dividend: 603713's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Milkyway Chemical Supply Chain ServiceLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603713) | 1.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Logistics) | 2.1% |
| Analyst forecast (603713) (up to 3 years) | 1.5% |
Notable Dividend: 603713's dividend (1.03%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603713's dividend (1.03%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.8%), 603713's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603713 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 19:45 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Milkyway Chemical Supply Chain Service Co.,Ltd is covered by 14 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Fan Tso | BofA Global Research |
| Xin Yang | China International Capital Corporation Limited |
| Baoliang Su | China Merchants Securities Co. Ltd. |