Yantai Zhenghai Magnetic Material Dividend
Dividend criteria checks 4/6
Yantai Zhenghai Magnetic Material is a dividend paying company with a current yield of 1.79% that is well covered by earnings.
Key information
1.8%
Dividend yield
39%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.50 |
Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Recent updates
Yantai Zhenghai Magnetic Material (SZSE:300224) Has Affirmed Its Dividend Of CN¥0.20
Apr 24Calculating The Fair Value Of Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224)
Apr 22We Think That There Are Some Issues For Yantai Zhenghai Magnetic Material (SZSE:300224) Beyond Its Promising Earnings
Apr 03We Think Yantai Zhenghai Magnetic Material (SZSE:300224) Can Stay On Top Of Its Debt
Mar 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300224's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300224's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Yantai Zhenghai Magnetic Material Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300224) | 1.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Electrical) | 1.7% |
Analyst forecast in 3 Years (300224) | 2.6% |
Notable Dividend: 300224's dividend (1.79%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 300224's dividend (1.79%) is low compared to the top 25% of dividend payers in the CN market (2.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.2%), 300224's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.9%), 300224's dividend payments are well covered by cash flows.