Donglai Coating Technology(Shanghai)Co.Ltd Dividends and Buybacks
Dividend criteria checks 2/6
Donglai Coating Technology(Shanghai)Co.Ltd is a dividend paying company with a current yield of 1.26% that is well covered by earnings.
Key information
1.3%
Dividend yield
1.9%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 17.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.201 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
Donglai Coating Technology(Shanghai)Co.Ltd's (SHSE:688129) Solid Profits Have Weak Fundamentals
Nov 04
Donglai Coating Technology(Shanghai)Co.,Ltd's (SHSE:688129) Price Is Out Of Tune With Revenues
Oct 29Returns On Capital Signal Tricky Times Ahead For Donglai Coating Technology(Shanghai)Co.Ltd (SHSE:688129)
Sep 27Donglai Coating Technology(Shanghai)Co.Ltd (SHSE:688129) Is Reinvesting At Lower Rates Of Return
Jun 05Additional Considerations Required While Assessing Donglai Coating Technology(Shanghai)Co.Ltd's (SHSE:688129) Strong Earnings
May 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688129 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688129's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Donglai Coating Technology(Shanghai)Co.Ltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688129) | 1.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (688129) (up to 3 years) | n/a |
Notable Dividend: 688129's dividend (1.26%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 688129's dividend (1.26%) is low compared to the top 25% of dividend payers in the CN market (2.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.5%), 688129's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (378%), 688129's dividend payments are not well covered by cash flows.