Hunan Yuneng New Energy Battery MaterialLtd Dividend
Dividend criteria checks 2/6
Hunan Yuneng New Energy Battery MaterialLtd is a dividend paying company with a current yield of 1.11% that is well covered by earnings.
Key information
1.1%
Dividend yield
22%
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¥1.93 |
Dividend yield forecast in 3Y | 2.1% |
Recent dividend updates
Recent updates
Hunan Yuneng New Energy Battery MaterialLtd (SZSE:301358) Is Increasing Its Dividend To CN¥0.418
May 31Weak Statutory Earnings May Not Tell The Whole Story For Hunan Yuneng New Energy Battery MaterialLtd (SZSE:301358)
May 02Here's Why Hunan Yuneng New Energy Battery MaterialLtd (SZSE:301358) Has A Meaningful Debt Burden
Apr 22Hunan Yuneng New Energy Battery MaterialLtd (SZSE:301358) Is Investing Its Capital With Increasing Efficiency
Mar 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301358's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301358's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Hunan Yuneng New Energy Battery MaterialLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301358) | 1.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Electrical) | 1.9% |
Analyst forecast in 3 Years (301358) | 2.1% |
Notable Dividend: 301358's dividend (1.11%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 301358's dividend (1.11%) is low compared to the top 25% of dividend payers in the CN market (2.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.2%), 301358's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301358 is paying a dividend but the company has no free cash flows.