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 1.31% that is well covered by earnings.
Key information
1.3%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | 1.3% |
| 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
Here's What's Concerning About Jiangsu Ruitai New Energy Materials' (SZSE:301238) Returns On Capital
Jan 01
Here's Why Jiangsu Ruitai New Energy Materials (SZSE:301238) Can Manage Its Debt Responsibly
Dec 02Jiangsu Ruitai New Energy Materials' (SZSE:301238) Problems Go Beyond Weak Profit
Nov 06Earnings 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) | 1.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (301238) (up to 3 years) | 1.3% |
Notable Dividend: 301238's dividend (1.31%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 301238's dividend (1.31%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 06:42 |
| End of Day Share Price | 2025/01/02 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 |
|
* 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 Ruitai New Energy Materials Co., Ltd. is covered by 1 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 |
|---|---|
| Aaron Xiao | Credit Suisse |