Yantai Zhenghai Magnetic Material Dividends and Buybacks
Dividend criteria checks 4/6
Yantai Zhenghai Magnetic Material is a dividend paying company with a current yield of 1.36% that is well covered by earnings.
Key information
1.4%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 1.7% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 8.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300224's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300224's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Yantai Zhenghai Magnetic Material Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300224) | 1.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.4% |
| Analyst forecast (300224) (up to 3 years) | 2.0% |
Notable Dividend: 300224's dividend (1.36%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 300224's dividend (1.36%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.8%), 300224's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.7%), 300224's dividend payments are well covered by cash flows.