Zhejiang Fulai New MaterialLtd Dividend
Dividend criteria checks 2/6
Zhejiang Fulai New MaterialLtd is a dividend paying company with a current yield of 1.57% that is well covered by earnings.
Key information
1.6%
Dividend yield
41%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.45 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Returns 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 2 years, and since then payments have fallen.
Dividend Yield vs Market
Zhejiang Fulai New MaterialLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (605488) | 1.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (605488) | n/a |
Notable Dividend: 605488's dividend (1.57%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 605488's dividend (1.57%) is low compared to the top 25% of dividend payers in the CN market (2.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.7%), 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.