New Hope Dairy Dividends and Buybacks
Dividend criteria checks 3/6
New Hope Dairy is a dividend paying company with a current yield of 1.16% that is well covered by earnings.
Key information
1.2%
Dividend yield
0.07%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | 2.2% |
| Dividend Growth | 23.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
We Ran A Stock Scan For Earnings Growth And New Hope Dairy (SZSE:002946) Passed With Ease
Nov 14
New Hope Dairy (SZSE:002946) Is Doing The Right Things To Multiply Its Share Price
Oct 10Market Still Lacking Some Conviction On New Hope Dairy Co., Ltd. (SZSE:002946)
Sep 24New Hope Dairy Co., Ltd. (SZSE:002946) Shares Could Be 45% Below Their Intrinsic Value Estimate
Aug 30Does New Hope Dairy (SZSE:002946) Have A Healthy Balance Sheet?
Jul 03New Hope Dairy Co., Ltd.'s (SZSE:002946) Earnings Are Not Doing Enough For Some Investors
Jun 11New Hope Dairy's (SZSE:002946) Solid Earnings Are Supported By Other Strong Factors
May 02The Returns At New Hope Dairy (SZSE:002946) Aren't Growing
Mar 17These 4 Measures Indicate That New Hope Dairy (SZSE:002946) Is Using Debt Reasonably Well
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002946 has been paying a dividend for less than 10 years.
Growing Dividend: 002946's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| New Hope Dairy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002946) | 1.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Food) | 2.3% |
| Analyst forecast (002946) (up to 3 years) | 2.2% |
Notable Dividend: 002946's dividend (1.16%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002946's dividend (1.16%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.6%), 002946's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.3%), 002946's dividend payments are well covered by cash flows.