Jiangsu Ruitai New Energy Materials Dividends and Buybacks
Dividend criteria checks 2/6
Jiangsu Ruitai New Energy Materials is a dividend paying company with a current yield of 1.14% that is well covered by earnings.
Key information
1.1%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.1% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 72% |
Recent dividend and buyback updates
Recent updates
Jiangsu Ruitai New Energy Materials' (SZSE:301238) Problems Go Beyond Weak Profit
Nov 06
Earnings Not Telling The Story For Jiangsu Ruitai New Energy Materials Co., Ltd. (SZSE:301238) After Shares Rise 48%
Oct 09Capital Allocation Trends At Jiangsu Ruitai New Energy Materials (SZSE:301238) Aren't Ideal
Sep 27Pinning Down Jiangsu Ruitai New Energy Materials Co., Ltd.'s (SZSE:301238) P/E Is Difficult Right Now
Aug 20Jiangsu Ruitai New Energy Materials (SZSE:301238) Has A Pretty Healthy Balance Sheet
Jun 26Jiangsu Ruitai New Energy Materials' (SZSE:301238) Dividend Will Be Increased To CN¥0.20
May 30Be Wary Of Jiangsu Ruitai New Energy Materials (SZSE:301238) And Its Returns On Capital
May 29Beyond Lackluster Earnings: Potential Concerns For Jiangsu Ruitai New Energy Materials' (SZSE:301238) Shareholders
May 02Jiangsu Ruitai New Energy Materials (SZSE:301238) Will Want To Turn Around Its Return Trends
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301238 has been paying a dividend for less than 10 years.
Growing Dividend: 301238's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Jiangsu Ruitai New Energy Materials Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301238) | 1.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (301238) (up to 3 years) | 1.1% |
Notable Dividend: 301238's dividend (1.14%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 301238's dividend (1.14%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.7%), 301238's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301238 is paying a dividend but the company has no free cash flows.