Orinko Advanced PlasticsLTD Dividends and Buybacks
Dividend criteria checks 2/6
Orinko Advanced PlasticsLTD is a dividend paying company with a current yield of 1.12% that is well covered by earnings.
Key information
1.1%
Dividend yield
-0.9%
Buyback Yield
| Total Shareholder Yield | 0.2% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | 32.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 24% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688219 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688219 has only been paying a dividend for 4 years, and since then payments have not increased.
Dividend Yield vs Market
| Orinko Advanced PlasticsLTD Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688219) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (688219) (up to 3 years) | 1.1% |
Notable Dividend: 688219's dividend (1.12%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688219's dividend (1.12%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.7%), 688219's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688219 is paying a dividend but the company has no free cash flows.