Xi'an Manareco New MaterialsLtd Dividends and Buybacks
Dividend criteria checks 3/6
Xi'an Manareco New MaterialsLtd is a dividend paying company with a current yield of 0.79% that is well covered by earnings.
Key information
0.8%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.240 |
| Payout ratio | 37% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688550 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688550 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Xi'an Manareco New MaterialsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688550) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (688550) (up to 3 years) | 3.0% |
Notable Dividend: 688550's dividend (0.79%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688550's dividend (0.79%) 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 (37.1%), 688550's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.6%), 688550's dividend payments are well covered by cash flows.