Jiangsu Boqian New Materials Stock Co., Ltd.

SHSE:605376 Stock Report

Market Cap: CN¥5.9b

Jiangsu Boqian New Materials Stock Dividend

Dividend criteria checks 1/6

Jiangsu Boqian New Materials Stock is a dividend paying company with a current yield of 1.33%.

Key information

1.3%

Dividend yield

249%

Payout ratio

Industry average yield2.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share-CN¥0.071
Dividend yield forecast in 3Y2.3%

Recent dividend updates

No updates

Recent updates

Why Investors Shouldn't Be Surprised By Jiangsu Boqian New Materials Stock Co., Ltd.'s (SHSE:605376) 25% Share Price Surge

Apr 30
Why Investors Shouldn't Be Surprised By Jiangsu Boqian New Materials Stock Co., Ltd.'s (SHSE:605376) 25% Share Price Surge

Investors Interested In Jiangsu Boqian New Materials Stock Co., Ltd.'s (SHSE:605376) Revenues

Feb 27
Investors Interested In Jiangsu Boqian New Materials Stock Co., Ltd.'s (SHSE:605376) Revenues

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 605376 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 605376's dividend payments have increased, but the company has only paid a dividend for 3 years.


Dividend Yield vs Market

Jiangsu Boqian New Materials Stock Dividend Yield vs Market
How does 605376 dividend yield compare to the market?
SegmentDividend Yield
Company (605376)1.3%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.4%
Industry Average (Metals and Mining)2.2%
Analyst forecast in 3 Years (605376)2.3%

Notable Dividend: 605376's dividend (1.33%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).

High Dividend: 605376's dividend (1.33%) is low compared to the top 25% of dividend payers in the CN market (2.35%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (249.3%), 605376's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 605376 is paying a dividend but the company has no free cash flows.


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