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 1.78%.
Key information
1.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 0.3% |
| 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 Machinery Co.,Ltd's (SZSE:300509) Price Is Right But Growth Is Lacking After Shares Rocket 37%
Dec 10
Jiangsu Newamstar Packaging MachineryLtd's (SZSE:300509) Solid Earnings Are Supported By Other Strong Factors
Nov 01Jiangsu 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 8 years, and since then payments have fallen.
Dividend Yield vs Market
| Jiangsu Newamstar Packaging MachineryLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300509) | 1.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (300509) (up to 3 years) | n/a |
Notable Dividend: 300509's dividend (1.78%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300509's dividend (1.78%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 18:28 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jiangsu Newamstar Packaging Machinery Co.,Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|