Jiangsu Newamstar Packaging MachineryLtd Dividends and Buybacks
Dividend criteria checks 2/6
Jiangsu Newamstar Packaging MachineryLtd is a dividend paying company with a current yield of 1.86%.
Key information
1.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.120 |
| Payout ratio | 131% |
Recent dividend and buyback updates
Recent updates
Jiangsu Newamstar Packaging MachineryLtd's (SZSE:300509) Solid Earnings Are Supported By Other Strong Factors
Nov 01
Jiangsu Newamstar Packaging Machinery Co.,Ltd (SZSE:300509) Stock Catapults 50% Though Its Price And Business Still Lag The Industry
Oct 08Jiangsu 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) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (300509) (up to 3 years) | n/a |
Notable Dividend: 300509's dividend (1.86%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300509's dividend (1.86%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (131.5%), 300509's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.5%), 300509's dividend payments are well covered by cash flows.