Zhejiang Chinastars New Materials Group Co., Ltd.

SZSE:301077 Stock Report

Market Cap: CN¥3.4b

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 2.09% that is well covered by earnings.

Key information

2.1%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield2.1%
Dividend Growth7.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.600
Payout ratio75%

Recent dividend and buyback updates

Zhejiang Chinastars New Materials Group (SZSE:301077) Is Reducing Its Dividend To CN¥0.567

May 10
Zhejiang Chinastars New Materials Group (SZSE:301077) Is Reducing Its Dividend To CN¥0.567

Recent updates

Zhejiang Chinastars New Materials Group Co., Ltd. (SZSE:301077) Shares Fly 38% But Investors Aren't Buying For Growth

Oct 23
Zhejiang Chinastars New Materials Group Co., Ltd. (SZSE:301077) Shares Fly 38% But Investors Aren't Buying For Growth

The Returns On Capital At Zhejiang Chinastars New Materials Group (SZSE:301077) Don't Inspire Confidence

Jun 07
The Returns On Capital At Zhejiang Chinastars New Materials Group (SZSE:301077) Don't Inspire Confidence

Zhejiang Chinastars New Materials Group (SZSE:301077) Is Reducing Its Dividend To CN¥0.567

May 10
Zhejiang Chinastars New Materials Group (SZSE:301077) Is Reducing Its Dividend To CN¥0.567

Concerns Surrounding Zhejiang Chinastars New Materials Group's (SZSE:301077) Performance

May 03
Concerns Surrounding Zhejiang Chinastars New Materials Group's (SZSE:301077) Performance

Zhejiang Chinastars New Materials Group Co., Ltd. (SZSE:301077) Shares Fly 29% But Investors Aren't Buying For Growth

Apr 29
Zhejiang Chinastars New Materials Group Co., Ltd. (SZSE:301077) Shares Fly 29% But Investors Aren't Buying For Growth

Zhejiang Chinastars New Materials Group (SZSE:301077) Will Be Hoping To Turn Its Returns On Capital Around

Mar 06
Zhejiang Chinastars New Materials Group (SZSE:301077) Will Be Hoping To Turn Its Returns On Capital Around

Stability 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
How does 301077 dividend yield compare to the market?
SegmentDividend Yield
Company (301077)2.1%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.0%
Industry Average (Luxury)2.7%
Analyst forecast (301077) (up to 3 years)2.1%

Notable Dividend: 301077's dividend (2.09%) is higher than the bottom 25% of dividend payers in the CN market (0.51%).

High Dividend: 301077's dividend (2.09%) is in the top 25% of dividend payers in the CN market (2%)


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.


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