GuangDong Leary New Material TechnologyLtd Dividend
Dividend criteria checks 1/6
GuangDong Leary New Material TechnologyLtd is a dividend paying company with a current yield of 0.59% that is well covered by earnings.
Key information
0.6%
Dividend yield
48%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.19 |
Dividend yield forecast in 3Y | 0.6% |
Stability 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 3 years, and since then payments have fallen.
Dividend Yield vs Market
GuangDong Leary New Material TechnologyLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688683) | 0.6% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (688683) | 0.6% |
Notable Dividend: 688683's dividend (0.59%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 688683's dividend (0.59%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48%), 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.