GuangDong Leary New Material TechnologyLtd Dividends and Buybacks
Dividend criteria checks 1/6
GuangDong Leary New Material TechnologyLtd is a dividend paying company with a current yield of 0.34% that is well covered by earnings.
Key information
0.3%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | 0.3% |
| Dividend Growth | -25.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.065 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
GuangDong Leary New Material TechnologyLtd's (SHSE:688683) Profits May Not Reveal Underlying Issues
Nov 04
There's Reason For Concern Over GuangDong Leary New Material Technology Co.,Ltd.'s (SHSE:688683) Massive 46% Price Jump
Oct 09GuangDong Leary New Material TechnologyLtd's (SHSE:688683) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 02Optimistic Investors Push GuangDong Leary New Material Technology Co.,Ltd (SHSE:688683) Shares Up 27% But Growth Is Lacking
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688683 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688683 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| GuangDong Leary New Material TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688683) | 0.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (688683) (up to 3 years) | 0.3% |
Notable Dividend: 688683's dividend (0.34%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 688683's dividend (0.34%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.5%), 688683's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688683 is paying a dividend but the company has no free cash flows.