Xi'an Manareco New MaterialsLtd Dividend
Dividend criteria checks 3/6
Xi'an Manareco New MaterialsLtd is a dividend paying company with a current yield of 1.6% that is well covered by earnings.
Key information
1.6%
Dividend yield
40%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.346 |
Earnings per share | CN¥0.90 |
Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
No updates
Recent updates
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 3 years, and since then payments have fallen.
Dividend Yield vs Market
Xi'an Manareco New MaterialsLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688550) | 1.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (688550) | 4.5% |
Notable Dividend: 688550's dividend (1.6%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 688550's dividend (1.6%) is low compared to the top 25% of dividend payers in the CN market (2.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.7%), 688550's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.3%), 688550's dividend payments are well covered by cash flows.