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 0.79% that is well covered by earnings.
Key information
0.8%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | 25.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.250 |
| Payout ratio | 42% |
Recent dividend and buyback updates
Recent updates
Are Investors Undervaluing Yantai China Pet Foods Co., Ltd. (SZSE:002891) By 21%?
Dec 19
Yantai China Pet Foods' (SZSE:002891) Returns On Capital Are Heading Higher
Nov 19Yantai 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) | 0.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Food) | 2.1% |
| Analyst forecast (002891) (up to 3 years) | 1.5% |
Notable Dividend: 002891's dividend (0.79%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 002891's dividend (0.79%) is low compared to the top 25% of dividend payers in the CN market (2.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.4%), 002891's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.7%), 002891's dividend payments are covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 16:27 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Yantai China Pet Foods Co., Ltd. is covered by 25 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jia Chen | Changjiang Securities Co. LTD. |
| Fu Yang | Chasing Securities |
| Xie Zhiyou | China Galaxy Securities Co., Ltd. |