Jiangsu New Technology GroupLtd Dividends and Buybacks
Dividend criteria checks 1/6
Jiangsu New Technology GroupLtd is a dividend paying company with a current yield of 0.42% that is well covered by earnings.
Key information
0.4%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 0.02% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0893 |
| Payout ratio | 15% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301229 has been paying a dividend for less than 10 years.
Growing Dividend: 301229's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Jiangsu New Technology GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301229) | 0.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (301229) (up to 3 years) | n/a |
Notable Dividend: 301229's dividend (0.42%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 301229's dividend (0.42%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.9%), 301229's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301229 is paying a dividend but the company has no free cash flows.