Shougang Fushan Resources Group Dividends and Buybacks
Dividend criteria checks 5/6
Shougang Fushan Resources Group is a dividend paying company with a current yield of 10.69% that is well covered by earnings.
Key information
10.7%
Dividend yield
2.3%
Buyback Yield
| Total Shareholder Yield | 13.0% |
| Future Dividend Yield | 5.9% |
| Dividend Growth | 9.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.280 |
| Payout ratio | 90% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 639's dividend payments have been volatile in the past 10 years.
Growing Dividend: 639's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shougang Fushan Resources Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (639) | 10.7% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Metals and Mining) | 3.6% |
| Analyst forecast (639) (up to 3 years) | 5.9% |
Notable Dividend: 639's dividend (10.69%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.3%).
High Dividend: 639's dividend (10.69%) is in the top 25% of dividend payers in the Hong Kong market (8.06%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (89.5%), 639's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.7%), 639's dividend payments are covered by cash flows.