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 1.56% that is well covered by earnings.
Key information
1.6%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | 9.4% |
| 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) | 1.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (300224) (up to 3 years) | 1.6% |
Notable Dividend: 300224's dividend (1.56%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300224's dividend (1.56%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
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 (34.4%), 300224's dividend payments are well covered by cash flows.