Guangdong Decro Film New Materials Dividends and Buybacks
Dividend criteria checks 2/6
Guangdong Decro Film New Materials is a dividend paying company with a current yield of 1.83% that is well covered by earnings.
Key information
1.8%
Dividend yield
-29.9%
Buyback Yield
| Total Shareholder Yield | -28.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.450 |
| Payout ratio | 64% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 001378's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 001378's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Guangdong Decro Film New Materials Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (001378) | 1.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (001378) (up to 3 years) | n/a |
Notable Dividend: 001378's dividend (1.83%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 001378's dividend (1.83%) is low compared to the top 25% of dividend payers in the CN market (2.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.7%), 001378's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 001378 is paying a dividend but the company has no free cash flows.