Hengerda New Materials (Fujian) Dividends and Buybacks
Dividend criteria checks 2/6
Hengerda New Materials (Fujian) is a dividend paying company with a current yield of 0.83% that is well covered by earnings.
Key information
0.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 9.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.230 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
There Are Reasons To Feel Uneasy About Hengerda New Materials (Fujian)'s (SZSE:300946) Returns On Capital
Sep 27
Investor Optimism Abounds Hengerda New Materials (Fujian) Co., Ltd. (SZSE:300946) But Growth Is Lacking
Jun 26Hengerda New Materials (Fujian) (SZSE:300946) Is Paying Out A Dividend Of CN¥0.23
May 22We Think That There Are More Issues For Hengerda New Materials (Fujian) (SZSE:300946) Than Just Sluggish Earnings
May 01Hengerda New Materials (Fujian) Co., Ltd.'s (SZSE:300946) Business Is Trailing The Market But Its Shares Aren't
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300946 has been paying a dividend for less than 10 years.
Growing Dividend: 300946 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Hengerda New Materials (Fujian) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300946) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (300946) (up to 3 years) | n/a |
Notable Dividend: 300946's dividend (0.83%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300946's dividend (0.83%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.1%), 300946's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300946 is paying a dividend but the company has no free cash flows.