Beijing Tongyizhong New Material Technology Dividends and Buybacks
Dividend criteria checks 2/6
Beijing Tongyizhong New Material Technology is a dividend paying company with a current yield of 0.68% that is well covered by earnings.
Key information
0.7%
Dividend yield
-0.01%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | 0.7% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.090 |
| Payout ratio | 20% |
Recent dividend and buyback updates
No updates
Recent updates
Market Might Still Lack Some Conviction On Beijing Tongyizhong New Material Technology Corporation (SHSE:688722) Even After 37% Share Price Boost
Oct 08
There Are Reasons To Feel Uneasy About Beijing Tongyizhong New Material Technology's (SHSE:688722) Returns On Capital
Sep 29Here's What's Concerning About Beijing Tongyizhong New Material Technology's (SHSE:688722) Returns On Capital
Jun 04Why Beijing Tongyizhong New Material Technology's (SHSE:688722) Shaky Earnings Are Just The Beginning Of Its Problems
Apr 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688722's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688722's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Beijing Tongyizhong New Material Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688722) | 0.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (688722) (up to 3 years) | 0.7% |
Notable Dividend: 688722's dividend (0.68%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688722's dividend (0.68%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.9%), 688722's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688722 is paying a dividend but the company has no free cash flows.