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 yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.560 |
| Earnings per share | CN¥0.79 |
| Dividend yield forecast | 6.6% |
Recent dividend updates
Recent updates
Is DeHua TB New Decoration MaterialLtd (SZSE:002043) Using Too Much Debt?
Oct 01
Many Would Be Envious Of DeHua TB New Decoration MaterialLtd's (SZSE:002043) Excellent Returns On Capital
Aug 01Improved Earnings Required Before DeHua TB New Decoration Material Co.,Ltd (SZSE:002043) Shares Find Their Feet
Jul 12Investors Shouldn't Be Too Comfortable With DeHua TB New Decoration MaterialLtd's (SZSE:002043) Earnings
May 05DeHua TB New Decoration MaterialLtd (SZSE:002043) Is Aiming To Keep Up Its Impressive Returns
Mar 19Stability 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 |
|---|
| Segment | Dividend 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.