Shandong Kuntai New Material Technology Co., Ltd.

SZSE:001260 Stock Report

Market Cap: CN¥1.7b

Shandong Kuntai New Material Technology Dividend

Dividend criteria checks 2/6

Shandong Kuntai New Material Technology is a dividend paying company with a current yield of 0.81% that is well covered by earnings. Last payment was on 29th May, 2024 with an ex-dividend date of 29th May, 2024.

Key information

0.8%

Dividend yield

31%

Payout ratio

Industry average yield1.8%
Next dividend pay date29 May 24
Ex dividend date29 May 24
Dividend per sharen/a
Earnings per shareCN¥0.41
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether 001260's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 001260's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

Shandong Kuntai New Material Technology Dividend Yield vs Market
How does 1260 dividend yield compare to the market?
SegmentDividend Yield
Company (1260)0.8%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.3%
Industry Average (Auto Components)1.8%
Analyst forecast in 3 Years (1260)n/a

Notable Dividend: 001260's dividend (0.81%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).

High Dividend: 001260's dividend (0.81%) is low compared to the top 25% of dividend payers in the CN market (2.3%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (31.2%), 001260's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 001260 is paying a dividend but the company has no free cash flows.


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