Forest Packaging GroupLtd Dividends and Buybacks
Dividend criteria checks 2/6
Forest Packaging GroupLtd is a dividend paying company with a current yield of 1.91% that is well covered by earnings.
Key information
1.9%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | -3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 31% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605500 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605500 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Forest Packaging GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605500) | 1.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.0% |
| Industry Average (Packaging) | 2.0% |
| Analyst forecast (605500) (up to 3 years) | n/a |
Notable Dividend: 605500's dividend (1.91%) is higher than the bottom 25% of dividend payers in the CN market (0.51%).
High Dividend: 605500's dividend (1.91%) is low compared to the top 25% of dividend payers in the CN market (1.98%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.3%), 605500's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 605500 is paying a dividend but the company has no free cash flows.