Innovation New Material Technology Dividend
Dividend criteria checks 2/6
Innovation New Material Technology is a dividend paying company with a current yield of 1.43% that is well covered by earnings.
Key information
1.4%
Dividend yield
38%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.22 |
Dividend yield forecast in 3Y | 1.4% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600361's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600361's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Innovation New Material Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600361) | 1.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Consumer Retailing) | 1.3% |
Analyst forecast in 3 Years (600361) | 1.4% |
Notable Dividend: 600361's dividend (1.43%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600361's dividend (1.43%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.7%), 600361's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600361 is paying a dividend but the company has no free cash flows.