XTC New Energy Materials(Xiamen)Ltd Dividends and Buybacks
Dividend criteria checks 3/6
XTC New Energy Materials(Xiamen)Ltd is a dividend paying company with a current yield of 1.41% that is well covered by earnings.
Key information
1.4%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | 39.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.700 |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688778 has been paying a dividend for less than 10 years.
Growing Dividend: 688778's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| XTC New Energy Materials(Xiamen)Ltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688778) | 1.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (688778) (up to 3 years) | 1.6% |
Notable Dividend: 688778's dividend (1.41%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 688778's dividend (1.41%) is low compared to the top 25% of dividend payers in the CN market (2.1%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.4%), 688778's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.9%), 688778's dividend payments are well covered by cash flows.