Zhejiang Fulai New MaterialLtd Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Fulai New MaterialLtd is a dividend paying company with a current yield of 1.34% that is well covered by earnings.
Key information
1.3%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 43% |
Recent dividend and buyback updates
Recent updates
Returns On Capital At Zhejiang Fulai New MaterialLtd (SHSE:605488) Paint A Concerning Picture
Oct 24
There's No Escaping Zhejiang Fulai New Material Co.,Ltd.'s (SHSE:605488) Muted Earnings
Sep 27Returns On Capital At Zhejiang Fulai New MaterialLtd (SHSE:605488) Paint A Concerning Picture
Jun 03There Might Be More To Zhejiang Fulai New MaterialLtd's (SHSE:605488) Story Than Just Weak Earnings
Apr 05Zhejiang Fulai New Material Co.,Ltd.'s (SHSE:605488) 28% Share Price Surge Not Quite Adding Up
Apr 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605488 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605488 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhejiang Fulai New MaterialLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605488) | 1.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (605488) (up to 3 years) | n/a |
Notable Dividend: 605488's dividend (1.34%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 605488's dividend (1.34%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.4%), 605488's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 605488 is paying a dividend but the company has no free cash flows.