Jiangsu Newamstar Packaging MachineryLtd Dividend
Dividend criteria checks 2/6
Jiangsu Newamstar Packaging MachineryLtd is a dividend paying company with a current yield of 2.56%.
Key information
2.6%
Dividend yield
203%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.058 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Jiangsu Newamstar Packaging MachineryLtd (SZSE:300509) Could Be Struggling To Allocate Capital
Jun 06Jiangsu Newamstar Packaging MachineryLtd's (SZSE:300509) Conservative Accounting Might Explain Soft Earnings
May 01Jiangsu Newamstar Packaging Machinery Co.,Ltd (SZSE:300509) Stock Catapults 39% Though Its Price And Business Still Lag The Industry
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300509 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300509 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
Jiangsu Newamstar Packaging MachineryLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (300509) | 2.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Machinery) | 2.0% |
Analyst forecast in 3 Years (300509) | n/a |
Notable Dividend: 300509's dividend (2.56%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 300509's dividend (2.56%) is in the top 25% of dividend payers in the CN market (2.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (203.2%), 300509's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (168.7%), 300509's dividend payments are not well covered by cash flows.