Yantai China Pet Foods Dividends and Buybacks
Dividend criteria checks 3/6
Yantai China Pet Foods is a dividend paying company with a current yield of 0.73% that is well covered by earnings.
Key information
0.7%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | 1.4% |
| Dividend Growth | 26.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.240 |
| Payout ratio | 21% |
Recent dividend and buyback updates
Recent updates
Yantai China Pet Foods' (SZSE:002891) Returns On Capital Are Heading Higher
Nov 19
Yantai China Pet Foods Co., Ltd. (SZSE:002891) Held Back By Insufficient Growth Even After Shares Climb 27%
Nov 04Here's Why Yantai China Pet Foods (SZSE:002891) Can Manage Its Debt Responsibly
Sep 27Is Yantai China Pet Foods Co., Ltd. (SZSE:002891) Trading At A 46% Discount?
Jul 24Yantai China Pet Foods (SZSE:002891) Is Increasing Its Dividend To CN¥0.24
May 31Returns On Capital At Yantai China Pet Foods (SZSE:002891) Have Stalled
Apr 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002891 has been paying a dividend for less than 10 years.
Growing Dividend: 002891's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Yantai China Pet Foods Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002891) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Food) | 2.2% |
| Analyst forecast (002891) (up to 3 years) | 1.4% |
Notable Dividend: 002891's dividend (0.73%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 002891's dividend (0.73%) is low compared to the top 25% of dividend payers in the CN market (2.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.8%), 002891's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.2%), 002891's dividend payments are covered by cash flows.