China Railway Materials Dividends and Buybacks
Dividend criteria checks 1/6
China Railway Materials is a dividend paying company with a current yield of 0.35% that is well covered by earnings.
Key information
0.3%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.010 |
| Payout ratio | 13% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 000927's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 000927's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| China Railway Materials Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000927) | 0.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Infrastructure) | 2.5% |
| Analyst forecast (000927) (up to 3 years) | n/a |
Notable Dividend: 000927's dividend (0.35%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 000927's dividend (0.35%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.7%), 000927's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000927 is paying a dividend but the company has no free cash flows.