Jiangsu Lidao New Materials Co., Ltd.

SHSE:603937 Stock Report

Market Cap: CN¥1.9b

Jiangsu Lidao New Materials Dividends and Buybacks

Dividend criteria checks 1/6

Jiangsu Lidao New Materials is a dividend paying company with a current yield of 1.04%.

Key information

1.0%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth3.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.097
Payout ratio221%

Recent dividend and buyback updates

No updates

Recent updates

Jiangsu Lidao New Materials' (SHSE:603937) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Nov 04
Jiangsu Lidao New Materials' (SHSE:603937) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Why Jiangsu Lidao New Materials' (SHSE:603937) Shaky Earnings Are Just The Beginning Of Its Problems

Apr 12
Why Jiangsu Lidao New Materials' (SHSE:603937) Shaky Earnings Are Just The Beginning Of Its Problems

Jiangsu Lidao New Materials Co., Ltd. (SHSE:603937) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected

Mar 08
Jiangsu Lidao New Materials Co., Ltd. (SHSE:603937) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603937 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603937's dividend payments have increased, but the company has only paid a dividend for 6 years.


Dividend Yield vs Market

Jiangsu Lidao New Materials Dividend Yield vs Market
How does 603937 dividend yield compare to the market?
SegmentDividend Yield
Company (603937)1.0%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Metals and Mining)2.3%
Analyst forecast (603937) (up to 3 years)n/a

Notable Dividend: 603937's dividend (1.04%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 603937's dividend (1.04%) is low compared to the top 25% of dividend payers in the CN market (2.16%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (221.4%), 603937's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 603937 is paying a dividend but the company has no free cash flows.


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