Changsha DIALINE New Material Sci.&Tech Dividend
Dividend criteria checks 3/6
Changsha DIALINE New Material Sci.&Tech is a dividend paying company with a current yield of 1.17% that is well covered by earnings.
Key information
1.2%
Dividend yield
35%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.33 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Changsha DIALINE New Material Sci.&Tech's (SZSE:300700) Solid Earnings May Rest On Weak Foundations
Apr 03Does Changsha DIALINE New Material Sci.&Tech (SZSE:300700) Deserve A Spot On Your Watchlist?
Mar 28Market Participants Recognise Changsha DIALINE New Material Sci.&Tech. Co., Ltd.'s (SZSE:300700) Revenues Pushing Shares 40% Higher
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300700 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300700 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
Changsha DIALINE New Material Sci.&Tech Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300700) | 1.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (300700) | n/a |
Notable Dividend: 300700's dividend (1.17%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300700's dividend (1.17%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.4%), 300700's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.2%), 300700's dividend payments are well covered by cash flows.