Yantai Zhenghai Magnetic Material Dividends and Buybacks
Dividend criteria checks 4/6
Yantai Zhenghai Magnetic Material is a dividend paying company with a current yield of 1.48% that is well covered by earnings.
Key information
1.5%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | 9.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
Subdued Growth No Barrier To Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) With Shares Advancing 26%
Nov 22
Investors Still Aren't Entirely Convinced By Yantai Zhenghai Magnetic Material Co., Ltd.'s (SZSE:300224) Earnings Despite 45% Price Jump
Oct 08Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) Shares Could Be 46% Below Their Intrinsic Value Estimate
Sep 26Improved Earnings Required Before Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) Shares Find Their Feet
Jun 26Yantai 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300224) | 1.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (300224) (up to 3 years) | 1.5% |
Notable Dividend: 300224's dividend (1.48%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 300224's dividend (1.48%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.8%), 300224's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.4%), 300224's dividend payments are well covered by cash flows.