Tianqi Lithium Dividends and Buybacks
Dividend criteria checks 1/6
Tianqi Lithium is a dividend paying company with a current yield of 3.49%.
Key information
3.5%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | 1.4% |
| Dividend Growth | 35.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$1.457 |
| Payout ratio | -34% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9696 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 9696's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Tianqi Lithium Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9696) | 3.5% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Chemicals) | 5.2% |
| Analyst forecast (9696) (up to 3 years) | 1.4% |
Notable Dividend: 9696's dividend (3.49%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.3%).
High Dividend: 9696's dividend (3.49%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.09%).
Earnings Payout to Shareholders
Earnings Coverage: 9696 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (140.3%), 9696's dividend payments are not well covered by cash flows.