Cangzhou Mingzhu PlasticLtd Dividends and Buybacks
Dividend criteria checks 3/6
Cangzhou Mingzhu PlasticLtd is a dividend paying company with a current yield of 2.82%.
Key information
2.8%
Dividend yield
1.9%
Buyback Yield
| Total Shareholder Yield | 4.7% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | 10.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 99% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002108's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002108's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Cangzhou Mingzhu PlasticLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002108) | 2.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Energy Services) | 1.6% |
| Analyst forecast (002108) (up to 3 years) | 2.8% |
Notable Dividend: 002108's dividend (2.82%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002108's dividend (2.82%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (98.8%), 002108's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002108 is paying a dividend but the company has no free cash flows.