Zhejiang Chinastars New Materials Group Dividends and Buybacks
Dividend criteria checks 4/6
Zhejiang Chinastars New Materials Group is a dividend paying company with a current yield of 2.39% that is well covered by earnings.
Key information
2.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 9.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Payout ratio | 75% |
Recent dividend and buyback updates
Recent updates
Zhejiang Chinastars New Materials Group Co., Ltd. (SZSE:301077) Shares Fly 38% But Investors Aren't Buying For Growth
Oct 23
The Returns On Capital At Zhejiang Chinastars New Materials Group (SZSE:301077) Don't Inspire Confidence
Jun 07Zhejiang Chinastars New Materials Group (SZSE:301077) Is Reducing Its Dividend To CN¥0.567
May 10Concerns Surrounding Zhejiang Chinastars New Materials Group's (SZSE:301077) Performance
May 03Zhejiang Chinastars New Materials Group Co., Ltd. (SZSE:301077) Shares Fly 29% But Investors Aren't Buying For Growth
Apr 29Zhejiang Chinastars New Materials Group (SZSE:301077) Will Be Hoping To Turn Its Returns On Capital Around
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301077 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301077 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhejiang Chinastars New Materials Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301077) | 2.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Luxury) | 3.1% |
| Analyst forecast (301077) (up to 3 years) | 2.4% |
Notable Dividend: 301077's dividend (2.39%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301077's dividend (2.39%) is in the top 25% of dividend payers in the CN market (2.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.9%), 301077's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.5%), 301077's dividend payments are covered by cash flows.