DeHua TB New Decoration Material Co.,Ltd

SZSE:002043 Stock Report

Market Cap: CN¥9.9b

DeHua TB New Decoration MaterialLtd Dividend

Dividend criteria checks 4/6

DeHua TB New Decoration MaterialLtd is a dividend paying company with a current yield of 4.65%.

Key information

4.6%

Dividend yield

101%

Payout ratio

Industry average yield2.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.560
Earnings per shareCN¥0.79
Dividend yield forecast6.6%

Recent dividend updates

Recent updates

Is DeHua TB New Decoration MaterialLtd (SZSE:002043) Using Too Much Debt?

Oct 01
Is DeHua TB New Decoration MaterialLtd (SZSE:002043) Using Too Much Debt?

Many Would Be Envious Of DeHua TB New Decoration MaterialLtd's (SZSE:002043) Excellent Returns On Capital

Aug 01
Many Would Be Envious Of DeHua TB New Decoration MaterialLtd's (SZSE:002043) Excellent Returns On Capital

Improved Earnings Required Before DeHua TB New Decoration Material Co.,Ltd (SZSE:002043) Shares Find Their Feet

Jul 12
Improved Earnings Required Before DeHua TB New Decoration Material Co.,Ltd (SZSE:002043) Shares Find Their Feet

Investors Shouldn't Be Too Comfortable With DeHua TB New Decoration MaterialLtd's (SZSE:002043) Earnings

May 05
Investors Shouldn't Be Too Comfortable With DeHua TB New Decoration MaterialLtd's (SZSE:002043) Earnings

DeHua TB New Decoration MaterialLtd (SZSE:002043) Is Aiming To Keep Up Its Impressive Returns

Mar 19
DeHua TB New Decoration MaterialLtd (SZSE:002043) Is Aiming To Keep Up Its Impressive Returns

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002043's dividend payments have been volatile in the past 10 years.

Growing Dividend: 002043's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

DeHua TB New Decoration MaterialLtd Dividend Yield vs Market
How does 002043 dividend yield compare to the market?
SegmentDividend Yield
Company (002043)4.6%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Forestry)2.1%
Analyst forecast (002043) (up to 3 years)6.6%

Notable Dividend: 002043's dividend (4.65%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).

High Dividend: 002043's dividend (4.65%) is in the top 25% of dividend payers in the CN market (2.21%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (100.9%), 002043's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (33.5%), 002043's dividend payments are well covered by cash flows.


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