Innovation New Material Technology Dividends and Buybacks
Dividend criteria checks 3/6
Innovation New Material Technology is a dividend paying company with a current yield of 1.79% that is well covered by earnings.
Key information
1.8%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | -4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.070 |
| Payout ratio | 29% |
Recent dividend and buyback updates
No updates
Recent 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 increased over the past 10 years.
Dividend Yield vs Market
| Innovation New Material Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600361) | 1.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Consumer Retailing) | 1.9% |
| Analyst forecast (600361) (up to 3 years) | 2.8% |
Notable Dividend: 600361's dividend (1.79%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600361's dividend (1.79%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29%), 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.