Zhejiang Taihua New Material Group Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Taihua New Material Group is a dividend paying company with a current yield of 1.38% that is well covered by earnings.
Key information
1.4%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.160 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Zhejiang Taihua New Material Group Co., Ltd. (SHSE:603055) Shares Could Be 49% Below Their Intrinsic Value Estimate
Nov 18
These 4 Measures Indicate That Zhejiang Taihua New Material Group (SHSE:603055) Is Using Debt Extensively
Oct 11We Think That There Are Issues Underlying Zhejiang Taihua New Material Group's (SHSE:603055) Earnings
Sep 02Do Zhejiang Taihua New Material Group's (SHSE:603055) Earnings Warrant Your Attention?
Aug 14Cautious Investors Not Rewarding Zhejiang Taihua New Material Group Co., Ltd.'s (SHSE:603055) Performance Completely
Jul 28Returns On Capital Signal Tricky Times Ahead For Zhejiang Taihua New Material Group (SHSE:603055)
Jul 12Zhejiang Taihua New MaterialLtd (SHSE:603055) Has A Somewhat Strained Balance Sheet
May 13Revenue Beat: Zhejiang Taihua New Material Co.,Ltd Exceeded Revenue Forecasts By 7.5% And Analysts Are Updating Their Estimates
Apr 12Many Still Looking Away From Zhejiang Taihua New Material Co.,Ltd (SHSE:603055)
Mar 24Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603055 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603055's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Zhejiang Taihua New Material Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603055) | 1.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Luxury) | 3.0% |
| Analyst forecast (603055) (up to 3 years) | 3.0% |
Notable Dividend: 603055's dividend (1.38%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603055's dividend (1.38%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.6%), 603055's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603055 is paying a dividend but the company has no free cash flows.